Bitcoin surges past $100K as Trump prepares to take office

Key Takeaways Bitcoin surpassed $100,000 ahead of President-elect Trump’s inauguration, with a 15% weekly gain. Market sentiment is buoyed by expectations of a Bitcoin reserve and crypto-friendly executive orders under Trump’s administration. Share this article Bitcoin surged past the $100,000 mark early Friday, fueled by optimism as traders prepare for President-elect Donald Trump’s inauguration on January 20. The largest crypto asset by market cap gained over 5% in the last 24 hours, rising from an intraday low of $97,500 on Thursday to over $103.5K at press time. The week began…

XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue

Este artículo también está disponible en español. The XRP price has rallied to its all-time high (ATH) of $3.4, sparking bullish sentiment in the XRP community. This price surge is due to bullish fundamentals, including Donald Trump’s receptiveness to a crypto reserve that would include the coin.  Factors Behind The XRP Rally To Its ATH CoinMarketCap data shows that the XRP price rallied to $3.40 yesterday, a price level that represents its current all-time high (ATH) on some exchanges like Binance and Kraken. This price surge has occurred due to…

Treat Bitcoin As A Tool, Not A Cult

Follow Frank on X. I was recently a guest on the Mr. M podcast, where the host, Maurizio (Mr. M), and I discussed many of the realities of investing in bitcoin that often aren’t discussed with enough nuance. For context, Maurizio invited me onto the show because he wanted to discuss a Take I wrote last week entitled “Don’t Buy The Bitcoin Dip,” in which I shared that we’ve already been in a bitcoin bull market for over two years and that now likely isn’t the best time to make…

How the Updated MVRV Z-Score Improves Bitcoin Price Predictions

The Bitcoin MVRV Z-Score has historically been one of the most effective tools for identifying market cycle tops and bottoms in Bitcoin. Today, we’re excited to share an enhancement to this metric that makes it even more insightful for today’s dynamic market conditions. What Is the Bitcoin MVRV Z-Score? The MVRV Z-Score is derived by analyzing the ratio between Bitcoin’s realized cap (the average acquisition cost of all Bitcoin in circulation) and its market cap (current network valuation). By standardizing this ratio using Bitcoin’s price volatility (measured as the standard…