Record Bitcoin Price Surge Amid US Political Events

user avatar

by Giorgi Kostiuk

2 years ago

Bitcoin hit a new high of $109,000 as speculative interest grows alongside Trump's upcoming inauguration.

Rise in Bitcoin Futures Funding Rate

Bitcoin's perpetual futures funding rate has reached a peak of 0.035%, indicating increased speculative interest. A positive funding rate shows long traders paying short traders, common in bullish markets. At the same time, accumulation trends suggest further growth potential.

Investor Optimism and Market Projections

Glassnode's report indicates the Long-Term Holder NUPL has surpassed 0.75, signaling market euphoria and greed. Ecoinometrics research suggests a 54% probability of over 10% returns in the coming month.

Current trends favor continued upward movement, despite the challenges of reaching $150,000 by 2025.None

Impact on the Cryptocurrency Market

Rumors of potential policy changes spurred increased activity in the cryptocurrency market. Researcher Min Jung noted speculation about a strategic Bitcoin reserve, adding uncertainty and driving market activity.

The market is driven by speculation, and the emergence of new factors could trigger further changes.Min Jung

The coincidence of Bitcoin's record surge with Trump's inauguration highlights the significant impact of speculative interest and political events on the cryptocurrency market.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Micron Stock Remains Bullish Amid HBM and DRAM Shortages

chest

Micron's stock forecast remains optimistic due to ongoing shortages in HBM and DRAM supplies, despite some analysts trimming their price targets.

user avatarAndrew Smith

AI Developers Call for Enhanced Cybersecurity Measures

chest

AI developers, including OpenAI and Anthropic, call for enhanced cybersecurity measures to combat the rising threat of AI-enabled cyberattacks on critical infrastructure.

user avatarJacob Williams

Analysts Predict Bitcoin Surge Could Benefit Shiba Inu

chest

Wall Street analysts predict that Bitcoin could reach 100,000 by the end of the year, which may positively impact Shiba Inu's price.

user avatarZainab Kamara

Shiba Inu SHIB Faces Price Correction After Brief Recovery

chest

Shiba Inu's price briefly reclaimed the 0000006 level but has since dipped to 0000005, indicating potential for further decline.

user avatarSon Min-ho

OpenAI Launches New Agentic Browser Feature for ChatGPT Work

chest

OpenAI has launched a new agentic browser feature in ChatGPT Work, allowing the AI to manage tasks on login-protected sites while maintaining session persistence.

user avatarAyman Ben Youssef

Surge in AI-Generated Vulnerabilities Threatens Bitcoin Security

chest

The Bitcoin Red Team reports a surge in AI-assisted vulnerability findings across Bitcoin projects, highlighting the urgency of addressing security flaws.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.