Compass Investments

Crypto vs. Dollar

📌 Bitcoin Returning to $100,000, Trump, Litecoin ETFs and XRP Lead Cryptocurrency Debate

Having regained the psychological $100,000 mark, bitcoin is poised to surpass its current all-time high (ATH) of $109,114, according to the crypto community. . Bitcoin

– Having regained the psychological $100,000 mark, bitcoin is poised to surpass its current all-time high (ATH) of $109,114, according to the crypto community.

According to CoinGecko, as of press time, bitcoin is up 8.4% over the past week, It has reached $105,130.

While bitcoin is near all-time highs, Donald Trump’s inauguration as U.S. president is a major topic for cryptocurrencies due to the expected pro-cryptocurrency policies of the U.S. Securities and Exchange Commission (SEC).

President Trump recently announced plans to make cryptocurrencies a national priority, and his inauguration ceremony was only held on January 20.

Moreover, Ross Ulbricht, founder of Silk Road and bitcoin legend, stated that one of President Trump’s campaign promises. He was recently released thanks to a reported pardon.

Why Litecoin ETF and XRP have led the cryptocurrency conversation.

Thanks to the potential approval of an exchange-traded fund (ETF), there is a lot of excitement on the Litecoin (LTC) network. Analysts are optimistic that if the ETF sees the light of day, a price rise is inevitable and will ignite Litecoin.

According to CoinGecko, Litecoin has already risen 14% over the past week, reaching $120.60.

XRP, meanwhile, continues to break through the $3.20 zone and is approaching the $3.40 ATH level of more than seven years ago.

a leading market analyst added: Traders are optimistic as the market value of XRP has reached a seven-year high, which is a significant development. They are also discussing bullish sentiment due to the asset’s previous legal victory over the SEC and the SEC’s appeal. In addition, there are high hopes for regulatory changes and further market recovery that will prolong XRP’s growth.

Bitcoin

Bitcoin

$97,180.82

BTC 0.25%

Ethereum

Ethereum

$2,714.34

ETH -0.26%

Binance Coin

Binance Coin

$682.83

BNB -3.26%

XRP

XRP

$2.59

XRP 4.82%

Dogecoin

Dogecoin

$0.26

DOGE 0.62%

Cardano

Cardano

$0.81

ADA 4.48%

Solana

Solana

$197.06

SOL 0.67%