In 2025, the cryptocurrency world witnessed a monumental milestone as Bitcoin successfully broke through a pivotal resistance level around $99.3k, rallying beyond the $100k mark for the first time. This breakthrough is a testament to the growing acceptance and investment in digital currencies, aligning with the forthcoming inauguration of U.S. President-elect Donald Trump.
Donald Trump and the Crypto Movement
Donald Trump, a notable American figure known for his tenure as the 45th president from 2017 to 2021, has shown a keen interest in the adoption of Bitcoin and digital assets. Trump, who graduated with a Bachelor of Science in Economics from the University of Pennsylvania in 1968, has continued to be a significant presence in the Republican Party. Amid speculation about his candidacy for the 2024 presidential election, his support for digital currencies has invigorated the crypto industry, igniting bullish sentiment across the market.
Rising Stablecoins Supply on Centralized Exchanges
Recent on-chain data from Coinglass reveals a notable increase in the supply of major stablecoins, such as Tether (USDT), Circle’s USDC, and FDUSD. Specifically, the supply of USDC on centralized exchanges (CEXes) surged by nearly $1 billion, reaching $4.48 billion since December 26, 2024. Similarly, USDT-Ether’s supply expanded from $21 billion to over $38 billion within the same timeframe. In the past 24 hours, on-chain platform Sentiment reported a $50 million increase in FDUSD deposits to Binance, suggesting that large-scale investors are capitalizing on the recent crypto market dip.
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Altseason Ahead: Opportunities in Altcoins
The increasing stablecoin supply on CEXes is perceived as enhanced purchasing power, particularly from whale traders, indicating a potential altseason. Bitcoin’s dominance has been witnessing a shift, undergoing a macro reversal pattern after a prolonged period in a rising channel over the past two years. Concurrently, the TOTAL2 and TOTAL3 market caps are on an upward trajectory, reflecting gains following the triumph of pro-crypto leadership in the United States.
Leading altcoins, including Chainlink (LINK), XRP, Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE), have established a macro bullish trend, gearing up for a potential parabolic rally in the near term.
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FAQs
Bitcoin’s recent surge is attributed to its breakout above $100K and the positive sentiment driven by U.S. policies favoring digital assets.
How much will $1 Bitcoin be worth in 2030?
By 2030, the value of 1 Bitcoin could potentially soar to $610,646, reflecting its growing acceptance and utility.
What will Bitcoin be in 10 years?
While predicting a decade-long trajectory for Bitcoin is challenging due to its volatility, projections suggest that BTC could surpass $600,000 by 2030, with the potential to reach 1 million dollars as global adoption increases.
