As i have mentioned on my previous post that XRP price increase due to whales movement, whale but 1B XRP on market price so this decrease in supply and increase in investment makes XRP gain 2.3 to 2.6 in just few hours. So i have information at that time, at that time xrp price was 2.4, so many people think that this is a joke, xrp never goes up when btc goes in downward direction, so my dear fellows research what i am saying instead of trolling, you should see my previous posts 90% my analysis are in reality basis and market goes in such direction.
Anyhow now ripple shows that he is a strongest candidate in crypto world for 2025, ripple shows his ability and confirm that just 1 favourable decesion for xrp makes xrp on the moon, now xrp stand at no. 3rd position with more then 7 billion dollars difference, so trump and musk both support xrp more then dodge and btc, after trump wins btc pump almost 40% dollars and xrp pump almost 600% gain in their prices, xrp price reach 0.48 to 2.9 after trump support so now we all are waiting for 20th Jan and 1st quarter of 2025 in which many things happed in the favour of xrp.
Very important thing is that xrp legal restrictions from SEC side, if sec never with held their case against xrp in 2025 then we will see xrp again at 0.3-0.5, but if these cases withheld by SEC then XRP price unpredictable, some very weak prediction is that xrp goes upto 13 dollars but from my opinion xrp market circulation volume is greater then 4T and XRP estimated price with limited supply is above 1000 dollars, because of high circulation of supply and fast transaction as compare to any other coin.
I think in 2025 after btc xrp is next coin who surpass silver and many more reserve, and in 2026-2029 xrp surpass bitcoin, trump and musk hold digital world with xrp and dodge coin, but xrp is placed at no.1 due to xrp use in Bank transactions and fast block chain and latest web 3 technologies.
Limited words here so thankyou and thanks for your precious time...
Bitcoin faced fresh pressure in the first week of 2025 as stronger than expected U.S. employment data and ongoing inflation concerns weighed on investor sentiment. Economic concerns are increasingly overshadowing the post election euphoria that initially fueled Bitcoinâs rally. Optimism about President elect Donald Trumpâs return to office had fueled hopes for clearer regulations and more crypto friendly policies, including the potential for a strategic Bitcoin reserve. Bitcoin Opportunity Fund co-founder David Foley shared his views on recent market dynamics in an interview with CNBCâs Crypto World. Foley noted that Bitcoin rose significantly in anticipation of the Trump administrationâs potential pro-crypto stance, but recent economic data has shifted the focus back to macroeconomic factors. âThereâs no doubt that Bitcoin is bullish on sentiment like Trumpâs victory, better regulatory clarity and strategic crypto moves,â Foley said. However, he noted that the market is showing signs of hesitation as inflation concerns and a hot jobs report have contributed to the recent volatility.
Bitcoinâs correlation with traditional financial markets, particularly the Nasdaq, remains a key factor. Foley observed that while the broader stock market has struggled, Bitcoin has shown signs of resilience and is acting as a âflight to safetyâ asset similar to gold. âBitcoin is thriving and will likely evolve into a risk-off asset in the medium term,â he added.
The conversation also turned to MicroStrategy, a company closely tied to Bitcoin due to its significant BTC holdings.
âMichael Saylor and his team created a flywheel effect by leveraging various capital markets products, such as convertible debt and perpetual franchises, to acquire Bitcoin,â Foley said. Bitcoinâs price could see fluctuations as the market adjusts to changing economic data and the expected policies of the new administration.
Now btc and Ethereum show some down trend and all other meme coins and alt coins makes some significant pump, very strong support push xrp for upward direction, according to Santiment, whale addresses that hold between 100 million and 1 Billion XRP have collectively acquired 1.08 billion tokens worth 3 billion. This has pushed the groupâs entire holdings to 10.41 billion XRP, its highest since June 2024.
See this price chart that shows clearly bullish pattrens.
This surge in whale accumulation comes amidst a backdrop of positive developments within the Ripple ecosystem. These include therecent integrationwith Chainlink, Ripple CEO Brad Garlinghouse, and Chief Legal Officer Stuart Alderotyâs dinner with pro cryptoPresident elect Donald Trump, and Ripple President Monica Longâsrecent interview, inwhich she confirmed that an XRP exchange-traded fund (ETF) may soon materialize.
So this dinner is very expensive dinner with president to full fill economic conditions of US so after that they boost US economy, this is a good move of Trump to engage with large asset holding companies for US economic conditions after bad inflation and unemployment report.
So after holding large amount of coins almost 1billion coins in current price that help to boost price of XRP, now xrp is the most underrated crypto token in entire crypto world, lot of discussions about xrp because xrp is in very low price now and hold every one and also xrp have some unbreakable support at 2 dollars and now 2.2 dollars when btc at 94k, so when btc makes new ATH again then xrp easily break all resistance and makes new unbreakable supports.
Now xrp hold crypto world slowly slowly and today another day when xrp snatch no.3rd position again. So after solved SEC restrictions XRP stand at no.1 easily with some little time.
So everyone hold atleast 100xrp, this time 100xrp worth nothing but at the end of 2025 these 100 coins are compared with golds, i told you this when xrp at 1.02 dollars.
As we all know that friday data is very important for bitcoin future price prediction but btc fall just 2k-3k after announcement, the leading cryptocurrency Bitcoin (BTC) and altcoins have faced sharp declines in recent days. While the BTC price fell to $91, there was a small recovery from the night hours. While Bitcoin rose to 94,000, all eyes on BTC and altcoins today are on the Non-Farm Employment data from the US, which is of great importance in terms of the FED's interest rate cuts. The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy.
So we will see bitcoin reaction after unemployment data announced, we will see clearly in this pic.
U.S. stocks closed on Wednesday, while the British pound hit its lowest level in over a year. The yield on U.K. bonds also reached a 16 year high. Gold prices surged to their highest level since mid December.
U.S govt want to sale holding of btc before trump held in white house but crypto pro trump and his famous advisor don't want to do that yet, so we might never seen a big drop in BTC prices but due to some technical fluctuations in prices bitcoin goes in raddish days, but just 1 good news about how trump could control U.S economic growth and convert negative CPI report into positive report, after that BTC makes another ATH which is above 150k recently.
Trump is a 2nd time elected president of U.S so he know how to control economic condition in the favour of U.S citizens, that's why he involved some strong business tycoon in his white house family, so in future or maybe in 2nd quarter of 2025 we will see btc at 180k according to their hash rate.
Today another bearish day, in just 2 days btc lost almost 10,000 dollars. Now this is a big dump for all crypto market, these kind of dumps convert crypto traders in forex traders. But this is a part of life we always prepare for everything, as we all know that trump take a presidential seat on 20 Jan, good news is that he is a pro crypto and his advisor elon musk both are pro crypto stakeholders in crypto market, both have a potential that they pump crypto without investment, just 1 news for both of them with crypto or any coin and crypto market boost by 10-20% in just 24 hours so this a good news for crypto that both take a seat in white house.
But now US govt face some very critical challenges, that is unemployment rate, which is higher then govt expectations, inflation rate is also unexpected so these things makes news president week for make qick better decisions about economy, thats why now we have a 90% authentic news that fed never want to change cut rates, if this happened then US stock market crash for a week and crypto market also crash very badly so Trump need to improve unemployment rate and inflation rate before 29th Jan to save US economy and also crypto world.
Many forex traders and large reserves companies want to add bitcoin or xrp in their reserve but due to uncertainty in crypto market they stopped, so now net inflow is decrease as a result crypto market lost his value, but i think trump have some positive news before 20th Jan or before FOMC meeting which leads crypto market. Also bitcoin hash rate almost double in 2025, which indicates btc value at the end of 2025 will be 180k+ this is unexpected news in these crises.
Now btc near at 90k and want to break 90k support but this support is unbreakable after elections so now their is a strong chance for that now crypto market rebound and convert their raddish market into greenish market. So tomorrow maybe some greenish day we have. Wait for btc next move... #USJoblessClaimsDrop #CryptoMarketDip #BullCyclePrediction #USJobOpeningsSurge #BTC $BTC
Xrp most unpredictable coin in 2025, if xrp licensed legalized digital currency again then xrp makes many people millionaire, the reason behind this large number of market circulation of xrp after legalized, this is very fast and secure virtual currency which is useable for Banking transactions. Ripple CEO very confident that now they have complete ans of SEC questions and they satisfy them on feb 2025, if this happed then XRP should be very stable and high investment coin, xrp investment in greater then BTC, trump support xrp and 2 days before they eat dinner with each other, we all know that behind this dinner their is some deal between ripple and 20th January president of U.S.
Anyhow now xrp makes strongest support at 2.27, there is some force who push XRP uppish side and no resistance at uppish side, xrp touches 2.5 when btc at 102k, now xrp again shifted to no. 4th position but there is not much difference between no. 3rd and no. 4th. But as per my opinion xrp take over no. 2nd position with market Cap over 500B dollars after trump held in office and fight for crypto bills and some serious crypto restrictions and very powerfull person behind this is "Elon Musk", they both don't need to invest in any coin, they just tweet and coin makes record high in just few hours.
They makes crypto community and want to makes digital currency strong to control unemployment rates and control inflation, so XRP plays an important role in this case. Now xrp hold large market and in future xrp becomes a largest reserve company so they make new financial institutions and this could help to decrease unemployment rate, and after that just few decesions they control inflation rate with just few fed cut rates.
Chart data shows that XRP makes strong bullish pattren...
Limited words here so Thankyou and Thanks for your precious time
This Friday, the US will release its highly anticipated Non-farm Payrolls (NFP) report, which could significantly impact the crypto market. This report shows that job growth in December, with expectations of 160k new jobs, a steady 4.2% unemployment rate, and a 4% rise in wage growth. These numbers are critical for the Federal Reserve's decisions on interest rates for next data. They need perfect decesion about this. This is maybe not accurate, accurate report should release on 15th January, 2025.
The Non-Farm Payrolls (NFP) report can have a significant impact on the crypto market, particularly Bitcoin and other major cryptocurrencies. The NFP report is a key indicator of the US economy's health, and its release can lead to market volatility. A strong NFP report can lead to a strengthening US dollar, which may negatively impact Bitcoin's price. On the other hand, a weak NFP report can lead to a decline in the US dollar, potentially boosting Bitcoin's price. In addition, the NFP report can influence the Federal Reserve's monetary policy decisions, which can also impact the crypto market. If the NFP report shows strong job growth and low unemployment, the Fed may be more likely to raise interest rates, which could negatively impact Bitcoin's price.
Some experts predict that if the NFP figure shows a payroll growth below 100k, the US Dollar could witness a massive selling wave, potentially boosting Bitcoin's price. Conversely, an upside surprise to the NFP and wage inflation data could double down on the Fed's hawkish shift, sending the USD back to multi-year highs while knocking off Bitcoin's price.
As i have predicted from my previous post that BTC rebound today so till my post btc rebound almost 3000 dollars and still continues his journey. 90k is a strongest support for btc, almost 2 months period whenever btc touches 91k or 92k it rebound successfully, so no major dump we have seen in Trump era after election.
But now we have some logical questions that how long trump and authorities hold btc at 90k, we have just 5 days more, after 5 days if CPI report shows some negative news then maybe BTC 90k support but Trump and authorities never want to down btc much lower then that, so he promises to control unemployment rate and inflation rate before 29th January. So they need to cut rates according to market situation, after trump held in white house btc market goes up aggressively but after this aggression when market makes correction at that time if FOMC faild to increase fed cut rates then crypto market makes biggest dump in the history but trump makes some improvement and working on unemployment data and inflation rate so after little correction they need to control US market and also stock market.
But he failed to control this negative impact then we have seen crash in major Stock market for consecutive 2 or days. That's why market have certain strong fear index is higher then greed index. So data is changing from time to time we have 5 days left so hopefully we have some new posts with good and positive data and rebound market in its original form which makes another ATH.
So all eyes on 15th Jan data, that help to make decisions for 29th Jan FOMC meeting.
Today another bearish day, in just 2 days btc lost almost 10,000 dollars. Now this is a big dump for all crypto market, these kind of dumps convert crypto traders in forex traders. But this is a part of life we always prepare for everything, as we all know that trump take a presidential seat on 20 Jan, good news is that he is a pro crypto and his advisor elon musk both are pro crypto stakeholders in crypto market, both have a potential that they pump crypto without investment, just 1 news for both of them with crypto or any coin and crypto market boost by 10-20% in just 24 hours so this a good news for crypto that both take a seat in white house.
But now US govt face some very critical challenges, that is unemployment rate, which is higher then govt expectations, inflation rate is also unexpected so these things makes news president week for make qick better decisions about economy, thats why now we have a 90% authentic news that fed never want to change cut rates, if this happened then US stock market crash for a week and crypto market also crash very badly so Trump need to improve unemployment rate and inflation rate before 29th Jan to save US economy and also crypto world.
Many forex traders and large reserves companies want to add bitcoin or xrp in their reserve but due to uncertainty in crypto market they stopped, so now net inflow is decrease as a result crypto market lost his value, but i think trump have some positive news before 20th Jan or before FOMC meeting which leads crypto market. Also bitcoin hash rate almost double in 2025, which indicates btc value at the end of 2025 will be 180k+ this is unexpected news in these crises.
Now btc near at 90k and want to break 90k support but this support is unbreakable after elections so now their is a strong chance for that now crypto market rebound and convert their raddish market into greenish market. So tomorrow maybe some greenish day we have. Wait for btc next move... #USJoblessClaimsDrop #CryptoMarketDip #BullCyclePrediction #USJobOpeningsSurge #BTC $BTC
On-chain lending has surged to record highs, with the total active loans in the market surpassing 20 billion, a major milestone for the DeFi ecosystem. This growth is driven by the increasing adoption of decentralized finance platforms and the search for innovative yield strategies. DeFi protocols have issued over 11 billion in loans, marking a two-year high, with Aave's V3 protocol leading the sector and nearing a borrowed funds milestone of 6 billion. High-risk loans have also peaked at 1 billion, indicating users' increased market exposure. Overall, the on-chain lending surge demonstrates the growing confidence in DeFi platforms and the increasing demand for decentralized financial services.
The on-chain lending surge in crypto can be attributed to several factors: Growing popularity DeFi platforms have gained significant traction, attracting more users and driving up lending activity. User-friendly interfaces and streamlined processes have made it easier for users to lend and borrow cryptocurrencies. Sophisticated investors seek to optimize their returns through leverage, liquid staking, and other strategies. Growing liquidity in DeFi markets enables more lending and borrowing opportunities, fueling the surge. Traditional financial systems offer low-interest rates, making DeFi lending more attractive. Investors seek alternative investment opportunities, such as DeFi lending, amidst economic uncertainty.
Advancements in blockchain scalability have enabled faster and more efficient lending processes. Upgrades in security measures have increased confidence in DeFi platforms and lending protocols.
Some jurisdictions have introduced favorable regulations, creating a more conducive environment for DeFi growth. Greater clarity on regulatory frameworks has helped build trust in DeFi platforms and lending protocols.
These factors combined have contributed to the on-chain lending surge in crypto, as investors and users increasingly turn to DeFi platforms for lending and borrowing opportunities.
According to data high level of liquidation held in past 24 hours, over the past 24 hours, cryptocurrency traders were liquidated for over half a billion dollars as bitcoin and ether faced increased market volatility. In the past 24 hours, nearly 186,000 traders were liquidated, with the total liquidations across centralized exchanges amounting to 524.8 million, according to data from Coinglass. The data showed that Bitcoin led these liquidations, with over 142.5 million in positions liquidated in the past 24 hours, of which about 101 million were long positions. Ether also faced significant liquidations, with 89.9 million liquidated, of which 49.2 million were long positions.
Now btc net inflow is smaller then btc net outflow, oevrall market is in seeling zone, unemployment rate increases by rapidly, now btc stuck in political war, now news surrounding that if kamala wins then inflation data and unemployment data different from now, but Trump says that at the end of 2025 no US person is unemployed, and US stock market is in new high in 2nd quarter of 2025. Due to Crypto pro president and crypto pro advisor crypto market is pump so hard and if fomc meetinng has bad results then this bad result send btc at 78000 if meeting is positive then crypto markes makes new ATH .
As we have seen today and yesterday mostly alt coins and meme coins down very aggressively as aggressively they goes up now they goes down, the reason behid this downfall is just Earlier this week, bitcoin and ether surged on the back of growing market optimism for Donald Trumpâs upcoming presidential inauguration, as seen in the rise in perpetual futures funding rates, according to analysts, however, Min Jung, an analyst of Presto Research, told The Block that broader markets, including stocks, are seen faltering amid macroeconomic concerns about sustained inflation.
Due to this inflation data NASDAQ & SEP also drop 1%, also this data shows that next FOMC meeting FED rate same as previous one due to high inflation rate and this news is not good for overall crypto market. 20th January, Trump held in white house and crypto market makes new ATH but before this bad news is fed rate same as previous one and that's why we have strong bloody market, many long tardes on line if btc reach at near 90k zone.
CME Groupâs FedWatch Tool currently indicates a 95% chance that the Fed would keep the U.S. interest rate at 4.25% to 4.5% in their upcoming rate decision on Jan 29.
Looking ahead, Donald Trumpâs upcoming inauguration on Jan. 20 is expected to cause market volatility as investors anticipate policy shifts, according to Lucas. âWith a pro-crypto majority in Congress and key appointments like Scott Bessent as Treasury Secretary and Elon Musk as an advisor, the administration signals a significant pivot towards cryptocurrency,â Lucas said.
Investors are also awaiting key economic events later this month, including the release of FOMC minutes and non-farm payroll data later this week, as well as the CPI data release on Jan. 15, which will help them gauge risks related to monetary policy and inflation.
Yesterday btc gain almost 6000 dollars in just few hours and after media hype for trump inauguration. Authorities shows us how strong trump inauguration for oath as president of USA. This is good sign for crypto that trump crypto pro strategy makes every trump positive move related with crypto. So after show end crypto market again going for some correction, till now btc down almost 6000-7000 dollars in just few hours so after end of media hype crypto again stand at their original mark. In just few hours BTC lost almost 110B dollars wealth, still net inflow is greater then net outflow. So overall crypto market still in bullish zone.
1 day chart show us some different data, after consecutive 7 bullish days now we have another bearish day, algorithm want to force us open short trade but don't make short trade just buy any coin as low as you can and just buy in spot till 17th January 2025, after 20th January we have strong bullish rally which is unstoppable so don't open short trade here. Just buy any coin at their strongest support level and when it goes up almost 2% then sell again, and wait for next support level for buy coins.
Black rock, MicroStrategy and many crypto holding companies hold large number of coins so we have bright future of crypto industry.
Wait for strong signals of Eth, Sol, xrp, ltc and other alt coins.
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As we have seen in daily chart clearly that after every bearish zone when btc entered in bullish zone then btc makes very strong bullish zone as you see in pics, previous data show some good things. So now some big things need to happend before 20th Jan, because after 20th January no one catch btc because then btc enter in so strong bullish zone.
Now we have seen that just trump inauguration news send btc at 102k after 17 day's, inbetween 17 days btc just bound in between 91k - 99k zone. So just inauguration news makes so much hype and forced btc to break 100k and up btc price 5000 - 6000 dollars i just few hours do after inauguration what happened with btc???
So bullish zone ahead, now btc stand at 6th laargest reserve in the world with limited supply, so this limited supply send btc 1000k in near future because now every country need btc in their reserve after seeing future analysis about btc. Trump is a crypto pro president of United states, and crypto pro elon musk support trump and trump support elon musk, so after inauguration doge coin expected to cross 1 dollar which is almost impossible but nothing is impossible in crypto. Trump related coins i.e link etc will go so uppish after trump held in white house.
Invest in alt coins and meme coins as per market conditions before 17th January, and after 17th Jan 2025 just close your eyes and invest in Fet, link, doge, Xrp, eth, sol, ltc, wif and many more coins as per you choice.
Also btc hash is double when btc in 90s so now btc expected price in 1st quarter will be 180k.
The market shows that BTC breaks through 102,000, now at $102,000.26, up 3.98% in 24 hours, the market fluctuates a lot, please do a good job of risk control. As today media focus on trump inauguration which is held on 20th January 2025, so this media hype take btc on 102k and mostly alt coins and meme coins pump after this hype.
According to chart analysis when btc break every bearish zone it makes bullish zone which was very strong from previous one now today btc achive another miles stone which is 102k mark after long 17 days wait. Previous 17 day's btc stuck in between 91k-99k. So now we have very strong bullish zone ahead. Every time when media focus on trump related news then btc and many alt coins pump so aggressively and in just few minutes.
Now we have another good news which is hash rate of btc, now btc hash rate almost double when btc btc on 90s so 2025 have a bright future for btc and hash rate doubles means this 1000 hs send btc at 180k according to hash rate plan. So take your positions accordingly.
Just trump inauguration news send btc at 102k so think after trump inauguration or on inauguration day what will do market with btc, maybe 1st Quarter sent btc above 150k as per analysis so take your positions accordingly and take these positions strongly after 17th January 2025.
Lot of words here so Thankyou and thanks for your support...
On January 3 hashrate Bitcoin's computing power, or the total computing power that secures the Bitcoin network, has reached a new record high of 1000 exahashes per second (EH/s).
This is almost twice as much as a year ago. In January 2024 hashrate Bitcoin was almost 510 exahash per second.
This rapid growth in total computing power indicates that miners continue to increase their output of the leading cryptocurrency. This is happening even after the block reward was reduced from 6,25 BTC to 3,125 BTC following the halving in April.
In addition, last year, mining companies began accumulating bitcoin on their balance sheets. For example, Marathon, Riot, and CleanSpark own BTC assets worth 4,4 billion, 1,7 billion, and 910 million, respectively, according to BitcoinTreasuries.net.
The growth of Bitcoin's hashrate, and therefore the increase in blockchain security, is especially important now, when large investors are actively investing in exchange-traded funds based on the flagship cryptocurrency.
According to Bloomberg Intelligence, in November the volume of net assets bitcoin ETF exceeded 100 billion for the first time. Experts from investment company Sygnum expect that the inflow into BTC funds will accelerate even more in 2025, as large investors, including sovereign wealth funds, charities and pension funds, plan to increase investments in Bitcoin .
Between 2 holidays crypto market still just stable and parallel but most of alt coins and meme coins down again, specially ripple never hold their value above 2.4 mark. This is good time for large btc holding coins to hold more coins, MicroStrategy announced plans to raise $2 billion through a preferred stock offering, marking a major expansion of its Bitcoin accumulation strategy. The move comes as part of the companyâs so-called 21/21 Plan , which aims to raise 42 billion through various financial instruments over three years.
Bitcoin ETFs surpass 111B in net assets, capturing 5.72% of Bitcoinâs market capitalization amid rising institutional participation. BlackRockâs IBIT and Fidelityâs FBTC lead ETF inflows, securing 253M and 356M respectively in daily capital injections.
Bitcoin exchange traded funds (ETFs) continue to attract significant institutional capital, with total net assets reaching 111.46 billion. This represents 5.72% of Bitcoinâs total market capitalization, underscoring the growing role of regulated investment vehicles in crypto asset markets.
Bitcoin (BTC) is currently trading at 98.2k reflecting a 0.39% increase in the last 24 hours. Its market capitalization stands at $1.94 trillion, with a 24-hour trading volume of 21 billion, marking a 38.55% increase. The circulating supply is 19.8 million BTC, with a fixed maximum supply of 21 million BTC.
So now btc need to increase their volume to break 100k again, after 17th December btc never break 100k so it's long time now btc need to break 100k mark before trump held in office, after 21st January btc expected price is 150k-170k in just 2 or 3 days.
Now at starting 2025 crypto market down and very next day all crypto market shows significant pump, XRP placed at no. 3rd and now again moves downward, in 2025 btc makes lot of attempt to break 100k mark but faild to break, so strategy to rebound crypto market on very 2nd day of 2025 is very good for overall crypto market, almost all altcoins and meme coins pump more then 10% and gain buyers interest. Many traders set their positions according to break 90k mark and predict about that btc down below 90k but their is a strong support at 90 which almost impossible untill trump era end.
So, the rationale behind this claim is Bitcoinâs action around the 50-day moving average (50MA) on the daily price chart. The 50-day MA is a common technical indicator used to track the medium-term trend of an assetâs price (Bitcoin, in this scenario).
In Bitcoinâs case â from the highlighted charts, the 50-day moving average has served as significant support and resistance points in the past. It appears that the Bitcoin price successfully broke underneath the 50-day MA and has climbed back to retest the breached support.
The increased flow of coins from centralized exchanges could also indicate fresh buying activity, with investors choosing to store their newly acquired assets off the trading platforms. Ultimately, this exchange outflow could be a bullish signal for the Bitcoin price.
Bitcoinâs hash rate reached a new all-time high today on January 3, 2025. Although BTCâs hash rate has risen dramatically in recent months, it broke another new record on Genesis Blockâs sixteenth birthday.
Bitcoin mining operations have consolidated in the last 12 months, especially in the wake of the most recent halving. Surviving miners, however, paint an optimistic view of the future.
Bitcoin turned 16 this year, and the worldâs oldest decentralized currency is going through a historic market cycle. Its price briefly rose today after days of intensely bearish signals, and new data shows that its hash rate is at an all-time high. A number of uncertain factors stand between BTC and the future.
The most recent Bitcoin halving took place in early 2024, which had a substantial impact on the hash rate. Months before the halving, accelerated miner activity steadily inflated it, but these activities dropped off immediately afterward. The immediate post-halving period had a chaotic impact on Bitcoinâs price, which further complicated matters.
These events, alongside other critical factors in the Bitcoin ecosystem, helped dramatically shift its hashing paradigm for the foreseeable future.
Despite these concerning trends, the mining sector definitely has a few notable winners. For instance, Hive Digital announced that it reached a new milestone today and plans to both upgrade its equipment and relocate its headquarters. Fred Thiel, CEO of the biggest Bitcoin mining firm MARA, also forecasted âvery bullishâ outlooks for 2025 in a recent interview.
In short, recent liquidations and rampant mining difficulty have not deterred bullish sentiment among Bitcoin miners. Since October,increasing numbers of minershave been holding their assets rather than selling them, and the recent bull market hasrewarded this behavior.
As Bitcoin turns older by another year, plenty of miners are looking forward to the future.