Bitcoin's Bull Run Continues

Bitcoin (BTC) is making headlines with a recent surge to a new all-time high of $75,300, fueled by speculation that crypto-friendly Donald Trump could become the 47th U.S. president. Analysts are optimistic, predicting BTC could reach $120,000 by 2025 if current trends hold. Additionally, the market value to realized value (MVRV) indicator has turned bullish, signalling a strong upward trend in the days ahead.

Ethereum's Steady Climb

Ethereum (ETH) is also gaining momentum, trading around $2,658, boosted by recent political news surrounding Donald Trump's potential presidency. Positive market sentiment and strong investor confidence in Ethereum's long-term potential have further fueled its rise. Analysts are optimistic about Ethereum reaching new price levels, with some setting a $3,000 target by the end of Q4.

Other Notable Price Movement

Solana (SOL): Solana has experienced a significant price surge and is currently trading at $186. It recently overtook BNB to become the 4th largest cryptocurrency by market capitalization.
Cardano (ADA): Cardano continues to make strides as it flips TON to become the 10th largest cryptocurrency by market capitalization

Trending Stories

Bhutan's Bitcoin Purchase: The Bhutan government recently deposited almost 1,000 BTC into a Binance deposit address, holding $900 million worth of the asset.
Kraken's Optimism: Kraken has chosen to build on Optimism's OP Stack framework, receiving a significant grant from the Optimism team.
Crypto Trading Firm Scandal: DWF Labs has fired a partner after allegations of drink-spiking at a bar.

Stay tuned for more updates 🚀