Cryptocurrency rates for the morning: 🥇 Bitcoin (BTC): $96,985 🥈 Ethereum (ETH): $3,231 🐬 XRP (XRP): $2.84 🌚 Solana (SOL): $189 🐬 Toncoin (TON): $5.37 ▫️ Crypto market capitalization: $3.37 trillion ▫️ Bitcoin dominance: 58.19% ▫️ Fear and Greed Index: 70 ("Greed") 📈 Top growth in the last 24 hours (from the top 100 by market cap): XDC Network (XDC) — up 20%. 📉 Biggest decline in the last 24 hours: Ondo (ONDO) — down 2.4%.
▪ CoinShares: BTC will fluctuate between $80,000 and $150,000.
▪ Matrixport: BTC could rise to $160,000.
▪ Galaxy Digital: BTC will reach $185,000 by Q4 2025.
▪ Standard Chartered: We expect a 2x increase in BTC as pension funds invest in spot crypto ETFs and MicroStrategy continues to increase its Bitcoin holdings.
▪ Bit Mining: BTC will rise to $180,000–$190,000, but a correction to $80,000 is likely.
▪ Maple Finance: By the end of the year, BTC will trade between $180,000 and $200,000.
▪ Nexo: BTC may rise to $250,000 during 2025, and the total crypto market cap could surpass gold within the next decade.
❗️TRON surged 16% today, reaching its all-time high (ATH). Interestingly, TRON's blockchain growth was initially driven by the massive transaction fees on Ethereum, which at one point ranged from hundreds to even thousands of dollars per transaction. The funny part, however, is that the cost of transferring USDT on TRON has increased hundreds of times over the years, gradually catching up to (and sometimes exceeding) Ethereum, with fees reaching up to $8 per transfer.
The Chill Guy meme was created in October 2023 by illustrator Phillip Banks, who drew a relaxed dog character 🐕
In 2024, the meme went viral, especially on TikTok, where it was paired with philosophical reflections and calming music
💰 In November 2024, a meme-based cryptocurrency called CHILLGUY was launched, quickly reaching a market cap of $500 million. Phillip Banks claimed his work was used without permission and announced plans to protect his rights, aiming to stop unauthorized commercial use.
⚡️Bitcoin reserves on exchanges have dropped to their lowest level since 2018, as investors increasingly withdraw BTC for long-term storage, creating a supply shortage.
This could drive the price upward, especially amidst economic uncertainty, where Bitcoin is viewed as a store of value.