Bitcoin has become one of the strongest growing assets, with the token entering the top 10 assets by market capitalization. Bitcoin has surpassed giants like Facebook and Saudi Aramco as well as traditional assets like silver, ranking seventh with a market cap of nearly $2 trillion. Furthermore, the token has seen the highest increase compared to other assets, indicating that Bitcoin may just be beginning its prosperous journey.

Currently, the price of BTC has soared to over $97,000, rising nearly 5% since the early trading session, but the cryptocurrency market remains relatively calm. Most altcoins are either fading away or maintaining tight consolidation. This indicates that traders and whales have been focused on Bitcoin, which could further help the price maintain a sharp upward trend after reaching the $100,000 milestone.

Discussions about the U.S. establishing a Bitcoin [BTC] reserve gained attention after Donald Trump won the election.
Despite Trump's commitment to holding all existing and future government-acquired Bitcoins, the pressing question remains: Will the U.S. actively purchase more Bitcoins to build a larger reserve?
Anthony Pompliano, founder and CEO of Professional Capital Management, shared his views on X in a recent post.
Pompliano proposed a bold Bitcoin reserve plan.
Pompliano commented on the recently proposed Bitcoin reserve plan, first introduced by Senator Cynthia Lummis. AMBCrypto reported on her proposal to convert Treasury gold certificates into BTC, laying the foundation for the reserve.

On Thursday morning, the largest cryptocurrency, Bitcoin, broke the long-awaited $97,000 mark, setting a new all-time high. BTC is just 3% away from reaching the iconic $100,000 milestone. Optimism regarding the future of cryptocurrency in the U.S. is driving the rise of Bitcoin.
In the past 24 hours, the cumulative market value of cryptocurrencies has surged by over 3%, reaching $3.17 trillion. Its 24-hour trading volume reached around $190 billion, growing by 5%. This surge came amid intensifying speculation about Donald Trump's team discussing the establishment of a cryptocurrency policy department in the White House. From skeptics to supporters, Trump's transition towards cryptocurrency is making significant progress in the digital asset space.

As Bitcoin prices reached an all-time high during today's Asian trading session, top altcoins also recorded similar price movements, retesting their important resistance levels. Subsequently, the price of Cardano rose by 4.85%, approaching a new 52-week high.
ADA coin price retests 52-week highs!
The price of Cardano increased by about 5% during the session, steadily moving towards the $0.80 mark. This altcoin's 24-hour trading volume is $2.282 billion, with the current trading price at $0.7854.

Notably, the project's owner saw a surge of over 100% within days after expressing support for elected President Donald Trump. Additionally, the current market capitalization of ADA is $27.696 billion, ranking it 9th.

The price of Ethereum has recently risen significantly, breaking through the psychological price of $3,000, reigniting interest in the cryptocurrency market. According to on-chain analysis, despite the increase in ETH's value, retail investors seem to be adopting a 'hold' strategy, resisting the urge to sell.
Market analysts believe this holding behavior is significant, especially considering that broader market sentiment is influenced by the so-called 'Trump trade,' which helps mitigate risk and improve market conditions.
Limit Ethereum deposits to exchanges
According to onatt, the CryptoQuant analyst behind this analysis, the trend of holding ETH without significant profit-taking suggests that many investors still consider this cryptocurrency 'undervalued,' even at high levels.

After Dogecoin broke through a brief consolidation period, its price showed signs of an upward trend. This breakthrough was due to Bitcoin rising to a historic high of $94,041. Market analysts speculate that after the breakout, Dogecoin's price could soar by 5,100% by the end of this bull market. Will Dogecoin live up to expectations? Let's find out.
Analysts predict Dogecoin's price will soar by 5,100%
Cryptocurrency analyst Alan (@TATrader_Alan) predicts that by the end of this bull market, DOGE's price will soar to $20. According to Alan, 'The DOGE bull market has only just begun.' He predicts that the first rise from the current price will reach $2, followed by a second rise to $20. This would result in a 5,100% increase.

Potential reasons for the optimistic outlook for WIF include its current price trend, bullish on-chain indicators, the surge in Solana (SOL) prices, and good market sentiment.
Dogwifhat (WIF) technical analysis and upcoming levels
According to expert technical analysis, WIF is currently within a narrow range of a bullish descending triangle price action pattern and appears to be preparing for a breakout. Based on recent price movements, if it breaks this pattern and closes above $3.60 on the daily chart, it could soar 30%, reaching $4.60 in the coming days.

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However, if the price fails to hold the key support level and the daily closing price is below $3.25, it is very likely that the price will significantly drop in the coming days.

Cryptocurrency analyst Kevin (@Kev_Capital_TA) predicts that Dogecoin's price will surge significantly, expecting it to reach between $1 to $2 by the end of December or early January. This optimistic prediction comes amid skepticism about the recent breakout pattern of the memecoin.
Was the last drop in Dogecoin price before reaching $1?
In the past week, from November 12 to 19, Dogecoin formed a descending wedge in lower time frames, which is generally considered bullish. On November 19, the crypto asset broke out of this pattern, sparking some traders' optimism. However, Kevin remains unconvinced about the strength of this trend.

To boost market optimism, the famous dog-themed meme cryptocurrency Floki Inu recently announced a marketing campaign in the Delhi capital region of India. The meme token community revealed that the marketing campaign focuses primarily on bringing the highly acclaimed PlayToEarn MMORPG game Valhalla into the Indian Web3 space. Meanwhile, due to the token's increase, showing remarkable gains weekly and monthly, market observers remain curious about the future trends under the recent developments.
Floki Inu brings Valhalla to India through massive marketing campaigns.

In the past few hours, the trading volume of Dogecoin has surged significantly, and its price has begun to rebound after a weekend pullback. The number of large transactions involving Dogecoin in wallets has significantly increased in the past 24 hours. These large transactions typically involve amounts exceeding $100,000 and are often seen as important indicators of whale or institutional participation in the market.
Although large transactions of Dogecoin may be accumulation or sell-off, the surge in trading activity indicates that this meme coin is showing a positive trend.
Dogecoin large transaction activity is intensifying
Recent upward momentum in Dogecoin seems to be losing steam after a significant surge in price, breaking above $0.42 for the first time since the 2021 bull market. During the price rise, there seems to be a trend of profit-taking among traders, leading to a pullback, with Dogecoin's price dropping below the $0.40 threshold. At the time of writing, Dogecoin's price is currently trading below $0.40, having retraced to a low of $0.346 in the past 24 hours.