According to DLNews, BTC broke through $100,000 this week, and analysts predict that it will reach $200,000 by 2025. Meanwhile, the altcoin market has risen by more than 70% since November 5, with a total market value of more than $1.6 trillion.
Ripple-related XRP has performed well, rising nearly 42% in the past seven days, with a market value of $130 billion, surpassing Solana to become the world's fourth largest cryptocurrency. Analysts expect XRP prices to double to $5 to $7 in the first half of 2025.
With the departure of SEC Chairman Gary Gensler, Ripple's legal problems may ease. Several companies have submitted applications to the SEC to launch XRP and Solana ETFs. Investors are optimistic about the application prospects of XRP.
In addition, Trump appointed Paul Atkins as the new SEC commissioner, who may replace Gensler. Celsius founder Alex Mashinsky pleaded guilty to two counts of fraud. Trump also appointed David O. Sacks as the White House AI and cryptocurrency director, further promoting the development of the encryption industry.
