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BREAKING: 🇺🇸 President-elect Donald Trump says, “Will be doing something great with crypto.”
#DonaldJTrump
#donaldtrump
#NYSE
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Key Events for the Crypto Market This Week (UTC): Tuesday, January 7: - Nothing significant. Wednesday, January 8: - ADP Employment (Dec) - 1:15 PM - Minutes from the last FOMC meeting - 7:00 PM Thursday, January 9: - Initial Jobless Claims - 1:30 PM Friday, January 10: - Nonfarm Payrolls (Dec) - 1:30 PM - Unemployment Rate (Dec) - 1:30 PM - Consumer Inflation Expectations (Jan preliminary) - 3:00 PM This week marks the start of the first U.S. macroeconomic data releases for 2025, all focused on the labor market. The key releases will come on Friday, including the unemployment rate and new job creation numbers. Before that, we’ll see data on initial jobless claims. A reminder that January will be packed with macroeconomic events, as many data points will be released, and the Federal Reserve meeting is also scheduled this month. Plus, only two weeks remain until Trump’s inauguration. $BTC #BinanceMegadropSolv #BTC100KTrumpEffect #BullCyclePrediction
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BULLISH: 🔥 $XRP's price action forms a bullish "bull flag" pattern, with increasing open interest signaling potential gains toward a $15 target. Historical trends and technical indicators support optimism for a significant rally by mid-2025. $XRP #BTC100KTrumpEffect #BullCyclePrediction #MicroStrategyAcquiresBTC #TrumpBTCBoomOrBust
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WHY IS THE CRYPTO MARKET UP TODAY: ■"Crypto Market Rises Amid Optimism for Pro-Growth Policies and Economic Trends" ●Market Overview: The global cryptocurrency market capitalization saw a 1.04% increase in the past 24 hours, reaching $3.53 trillion on Jan. 6, just weeks before Donald Trump’s presidential inauguration. Trading activity surged by 5.8% to $92.7 billion, highlighting heightened interest. Bitcoin advanced 1.1% to $99,533, approaching the $100,000 threshold but still trailing its Dec. 17 peak of $108,268 by 8%. Ether gained 1%, trading at $3,673. ●Pro-Crypto Policy Anticipation: The incoming Trump administration is fueling investor confidence, with analysts predicting regulatory changes favorable to the crypto industry. Ripple CEO Brad Garlinghouse noted that “75% of Ripple’s open roles are now based in the U.S.,” reflecting the shift in expectations. ARK Invest’s Cathie Wood forecasts significant deregulation, predicting an uptick in mergers, acquisitions, and innovation, reiterating her projection that Bitcoin could surpass $1 million by 2030. ●Macroeconomic Boosters: Easing inflation and improving economic metrics are bolstering the crypto rally. Markus Thielen of 10x Research cited optimism ahead of the Jan. 15 Consumer Price Index (CPI) release and a positive market outlook leading up to the Federal Reserve’s Jan. 29 meeting. Rates are expected to remain steady at 4.25%-4.5%. ●Technical Momentum: The TOTAL crypto market cap chart shows a bullish flag formation, indicating potential for continued growth. A weekly close above $3.58 trillion could trigger an upward trajectory toward $4 trillion or even $6.06 trillion, representing a 76% surge from current levels. $BTC #CryptoReboundStrategy #BinanceMegadropSolv #NonFarmPayrollsImpact
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Metaplanet Eyes 10K BTC by 2025: A Bold Move to Lead Bitcoin Adoption
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Truth or Marketing? ⚡️After his death, Michael Saylor's BTC will be burned, according to his statement. This act is meant as his gift to the crypto community. $BTC #TrumpBTCBoomOrBust
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