I’m telling you the drop that happened now is good. Any drop that happens at the beginning of the year is very good. The market is saying, “I buy the news” in January or in the coming months. It might coincide with Trump supporting crypto positively, and ETH is still weak and hasn’t reached its numbers like Bitcoin. God willing, if ETH rises, it will be quick, and all other currencies will follow it.
In short, the drop is good for you to buy more quantities, and we’ll see the upward trend later, provided that the purchase has rules and reading. Follow me, and I’ll guide you. If I see a buy signal, I’ll notify you here.
The dollar is rising, and there’s a negative signal. Buy the signal, and if the dollar is negative, it’s good for all markets.$ETH #BinanceAlphaAlert
The red shooting star candle caused massive panic in the trading world today, and some are unaware of its sudden appearance. Let me tell you, it only emerges when buying momentum reaches extreme greed + the RSI indicator is above 80, creating massive selling pressure and prompting whales to flee, fearing the meteors and comets that appeared today. The appearance of this candle signifies one thing: Bitcoin dominance has calmed, opening the door for altcoins to soar.
My analysis after the appearance of the shooting star candle: 1. Explosive rise 💥 for altcoins. 2. Relative stability for #Bitcoin , consolidating between $88k and $102k. 3. Strong rise for $ETH and $BNB .
Ripple was trading against the USD pair at a price of $1.9094 as of 10:04 AM (07:04 GMT) on the platform on Saturday, rising by 19.99% on a daily basis, marking the highest daily increase since.
This upward movement pushed Ripple’s market capitalization to exceed $108.9459 billion, accounting for 5.72% of the total cryptocurrency market capitalization. At its peak, Ripple’s market cap reached $102.9256 billion.
Ripple traded within a range of $1.7657 to $1.9418 over the last 24 hours.
Over the past seven days, Ripple has seen an upward trend in value, with a noticeable percentage increase. The 24-hour trading volume for Ripple in the USD pair at the time of writing reached $18.3968 billion, or 7.73% of the total cryptocurrency trading volumes. Trading occurred within a range of $1.2853 to $1.9418 during the past seven days.#MarketDownturn
Ethereum’s price rose 15% in a week and outperformed Bitcoin. Whales have shifted their focus to Ethereum, contributing to its 78% yearly growth. Analysts suggest Ethereum’s rally aligns with the bullish market trend, showing a 51% increase from its monthly low. Despite Bitcoin’s significant growth, Ethereum’s momentum indicates growing investor confidence.#MarketDownturn $ETH
Ripple experienced a strong 20% surge in trading, reaching $1.9094 at 10:04 AM (GMT) on Saturday. This marks its highest daily increase in a long time. The surge pushed Ripple’s market cap to $108.95 billion, accounting for 5.72% of the total cryptocurrency market. At its peak, Ripple’s market cap reached $102.93 billion.
Over the last 24 hours, Ripple traded between $1.7657 and $1.9418. Over the past seven days, Ripple has shown consistent growth, with its value fluctuating between $1.2853 and $1.9418. The 24-hour trading volume for Ripple was $18.39 billion, representing 7.73% of the total cryptocurrency trading volume.
JPMorgan: The Dollar and Bitcoin at Risk… Trading Plan for 2025
Bitcoin, the US dollar, and global bonds may face significant risks in positioning as 2025 approaches, according to JPMorgan analysts in a Friday note.
Using its cross-asset positioning tracker, JPMorgan highlights potential vulnerabilities as markets adjust to shifting liquidity and demand dynamics.
The investment bank views Bitcoin and the dollar as risky positions in 2025. It stated: “We see elevated positions in equities, modestly long-term positions, near-neutral credit positions, high dollar long positions, low positions in commodities excluding gold, and elevated Bitcoin positions but more modest gold positions.”
From a positioning perspective, the bank believes the most vulnerable asset classes through 2025 are equities, the dollar, and Bitcoin, while less vulnerable categories include non-gold commodities.
Regarding bonds, the global supply-demand balance is expected to deteriorate in 2025, with a $0.9 trillion decline in global bond demand compared to 2024 and a relatively modest $100 billion decrease in net supply.
This imbalance could exert upward pressure on yields, potentially increasing the Global Aggregate Bond Index yield by 40 basis points.
Central banks will play a crucial role in these dynamics. JPMorgan notes that while the Federal Reserve is expected to end its balance sheet reduction in early 2024, it will continue shifting from mortgage-backed securities (MBS) to Treasuries. $ETH $BTC
JPMorgan warns of significant risks for Bitcoin, the US dollar, and equities by 2025 due to changing market dynamics. Non-gold commodities are seen as less vulnerable. Bond markets could face higher yields due to a supply-demand imbalance, with central banks playing a critical role in market adjustments.
#AltcoinMomentum Bitcoin Surges Strongly, Heading Back Toward $100,000
Translation to English:
Bitcoin Surges Strongly, Heading Back Toward $100,000
Bitcoin has resumed its climb toward $100,000 amid indications that crypto-friendly candidates are likely to take key financial positions under Donald Trump’s administration.
The digital currency rose by more than 2% in just over a week on Wednesday, reaching $97,361 before dropping to around $95,500 on Thursday morning. This rally coincided with reports of pro-crypto figures being considered for roles as chairs of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), boosting market sentiment.
Trump’s Promises The president-elect has pledged to ease restrictions imposed by the Biden administration on digital assets and to facilitate industry growth, including creating a national Bitcoin reserve. These promises have sparked a wave of optimism that pushed Bitcoin close to a record high of $100,000 last week before traders turned cautious, awaiting concrete actions.
Prominent crypto advocate Paul Atkins has emerged as a leading candidate to replace Gary Gensler as SEC chair, according to Bloomberg. Gensler had launched a series of actions against crypto firms for non-compliance and risky practices in the digital asset sector, making him a foe of the industry.
Meanwhile, most or all potential nominees to lead the CFTC—a regulator for derivative products—are expected to support the cryptocurrency sector, which has seen a $1 trillion increase in value since Trump’s victory in the U.S. elections on November 5.
Additionally, Trump’s transition team has reportedly discussed the potential creation of the first White House office dedicated to digital asset policy.$ETH
Bitcoin experienced a temporary decline on Monday, falling below $93,000 and marking its longest losing streak since the start of the recent rally aiming for $100,000.
Following Donald Trump’s victory in the U.S. presidential elections earlier this month, Bitcoin’s price dropped by 5% within 24 hours. It briefly dipped below $93,000 after failing to breach the $100,000 threshold, but quickly rebounded, stabilizing above $94,200 at the start of Tuesday’s trading session. The cryptocurrency market’s overall capitalization also fell by 3.8% in the past 24 hours.
Long-Term Bitcoin Holders Take Profits As Bitcoin continued to reach new highs throughout the month, some long-term holders decided to take profits. According to data from Glassnode, the market faced its highest selling pressure since April 2024, driven primarily by intense sales from investors who acquired BTC 6 to 12 months ago. On average, approximately 25,600 Bitcoins were sold daily for profit-taking, particularly by those who purchased BTC 12 to 16 months ago.
This group of investors had acquired Bitcoin at prices 71% lower than its value of $57,900 during that period. They capitalized on the recent rally, which pushed Bitcoin’s value to levels between $74,000 and $99,000.
Bitcoin Hits Record High Amid Regulatory Optimism Under Trump’s New Administration Bitcoin reached a new record high on Friday, nearing the $100,000 mark. The cryptocurrency’s rally has been fueled by expectations of a more favorable regulatory environment under U.S. President-elect Donald Trump.
Bitcoin’s value has more than doubled this year and surged by 45% in the two weeks since Trump’s election victory, which also saw the election of crypto-friendly lawmakers to Congress. Currently, Bitcoin is trading at $99,380, up 2% in the last 24 hours and on track for its best monthly performance since February. The crypto market has added over $1 trillion in value since Trump’s November 5 election win.
Regulatory Changes Drive Optimism Amid Strong Demand Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), announced plans to step down on January 20, coinciding with the start of Trump’s term. Gensler’s tenure included a crackdown on cryptocurrencies, raising hopes for improved regulatory conditions under the new administration.
Trump’s transition team is also considering creating a White House position dedicated to digital asset policies. Meanwhile, major companies like Charles Schwab and MicroStrategy are preparing to deepen their involvement in cryptocurrencies. Schwab plans to offer crypto trading services once new rules are in place, while MicroStrategy continues to make significant Bitcoin purchases.
The $100,000 Milestone: A Key Psychological Level Analyst Chris Weston of Pepperstone highlighted several drivers for the rally, including Gensler’s resignation, strong inflows into exchange-traded funds (ETFs), and the role of options in pushing prices higher. However, he emphasized that $100,000 is a significant psychological barrier for the market.
This surge positions Bitcoin for a potentially historic milestone as it approaches the end of a remarkable year for cryptocurrencies.
Bitcoin is currently trading at $92,126.4, up +0.92% in the last 24 hours. Its market capitalization now stands at $1.83 trillion, according to Investing data. Bitcoin remains the most dominant cryptocurrency with a 58.8% market share, followed by Ethereum with a 12.2% market share. Based on today’s closing price, Bitcoin has risen by +3.92% over the past 7 days, while the leading altcoin, Ethereum, has dropped by -5.4% during the same period.
Prices of Popular Cryptocurrencies:
• Solana: Current price: $236.060, movement: -0.97% • Binance Coin: Current price: $609.25, movement: -1.51% • Ripple (XRP): Current price: $1.0812, movement: -2.85% • Dogecoin: Current price: $0.387786, movement: +3.91% • Shiba Inu: Current price: $0.00002458, movement: +0.02% • Cardano: Current price: $0.7257, movement: -2.17%
Stocks Related to Cryptocurrencies:
The movement of cryptocurrencies has directly impacted the prices of Bitcoin mining stocks and stocks with high exposure to Bitcoin and other digital currencies:
Robert Kennedy Converts Most of His Wealth to Bitcoin: What’s Next for the Cryptocurrency?$BTC
Robert F. Kennedy Jr. revealed that 70% of his wealth is now in Bitcoin, reinforcing his advocacy for the cryptocurrency as a hedge against inflation and a symbol of financial freedom. Referring to Bitcoin as the “currency of freedom,” Kennedy’s actions signal his strong commitment to decentralized financial systems.
Ripple’s Daily Surge and Market Performance Ripple (XRP) traded at $1.1419 against the dollar on Monday at 07:56 (04:56 GMT) on the Index, rising 10.30% daily—the highest daily increase in a long time. This upward movement pushed Ripple’s market capitalization to $64.4433 billion, making up 2.11% of the total cryptocurrency market. At its peak, Ripple’s market cap reached $83.4407 billion.
Over the last 24 hours, Ripple traded within a range of $1.0540 to $1.1420. During the past week, Ripple showed consistent growth with notable percentage increases. Its 24-hour trading volume stood at $10.8221 billion, accounting for 7.16% of the total cryptocurrency trading volume. Over the last seven days, Ripple traded in a range of $0.5984 to $1.2608.
Other Cryptocurrencies’ Performance
• Bitcoin (BTC): Traded at $90,469.5, up 0.10% daily. Its market cap was $1.791 trillion, representing 58.70% of the total cryptocurrency market. • Ethereum (ETH): Traded at $3,101.99, down 0.35% daily. Its market cap was $373.810 billion, or 12.25% of the total cryptocurrency market.
Bitcoin Experiences Its Largest Weekend Drop Since U.S. Elections Bitcoin saw its steepest two-day decline over the weekend since the U.S. elections, reflecting caution in global markets. Traders are evaluating the potential impact of President-elect Donald Trump’s policies on markets. Cryptocurrencies fell by about 3% on Saturday and Sunday but recovered some losses, trading near $92,000 on Monday, up nearly 1% in the last 24 hours. This comes amid uncertainty about how soon Trump might fulfill promises related to cryptocurrencies, such as creating a U.S. Bitcoin reserve and the feasibility of such plans.
Bitcoin Price Could Exceed $200,000 Although Bitcoin (BTC) remains below six figures, a research firm predicts its price could more than double from its current $90,000. According to a BCA Research report, Bitcoin’s ultimate target could surpass $200,000. This projection is based on the “260-day fractal dimension complexity,” a measure of price pattern changes. The indicator, currently well above 1.20, suggests a bullish trend, as drops below this threshold typically signal market peaks. The report suggests that prices may cross $200,000 as this indicator declines.
About the Fractal Dimension The “fractal dimension” analyzes recurring patterns observed in nature and mathematics, applied here to financial markets. By studying patterns in Bitcoin’s price over 260 days, analysts identify trends and make forecasts.