A new memecoin promoted by Trump on X and Truth Social has sent expectations of a Trump inauguration bombshell sky

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC).The analyst and trader pseudonymously known as Bluntz tells his 309,200 followers on the social media platform X that Bitcoin has witnessed “savage price action” after falling to around $89,

Despite his well-known disdain for cryptocurrencies, the ‘Oracle Of Omaha’ – Warren Buffett‘s Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has invested in a company that supports the cryptocurrency market and has soared by 27.

Bitcoin rallied to near all-time highs on Friday as three drivers are set to put the popular cryptocurrency into a new breakout rally. First, investors are shifting back into Bitcoin after a two-month trading range centered on the $100,000 price level. That price level serves as a psychological resistance price given its round numbers.

In December, Trump tapped Paul Atkins to lead the Securities and Exchange Commission. Atkins, a former SEC commissioner under President George W. Bush, has worked recently on digital assets and is set to replace Gary Gensler, who is seen by many as a crypto critic.

Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.

The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.

For much of the past decade, Bitcoin (CRYPTO: BTC) has been the top-performing asset in the world. And 2024 was more of the same. Bitcoin was up 125% for the year, which trounced the performance of the Nasdaq (up 30%),

Rising prices and institutional adoption could position Bitcoin at the center of a new financial era. Here’s how it works.

A portrait of President-elect Donald Trump, created by arranging block data, has been put onto the Bitcoin blockchain by American miner MARA.

Pension funds are dipping their toes into buying bitcoin, in a sign that even typically staid corners of finance are finding it hard to ignore the potential outsized returns from cryptocurrencies.