Bitcoin has skyrocketed to $82,000, and this could be just the beginning of a Donald Trump-fueled frenzy.
An 18% leap just last week, a jaw-dropping 80% gain for the year, and shouts of $100,000 by December — yeah, the HODLers are living their best lives.
Its trading volume is flirting with the $100 billion mark as another blockbuster week for crypto kicks off. Trump’s pro-crypto stance has the bulls pumped.
With Trump’s victory, crypto fans are seeing a pro-bitcoin agenda on the horizon. Think: friendlier rules, less red tape, and a ‘bitcoin president’ in January. All bets are on — $100K or bust.
Et tu Ether?
Meanwhile, Ether finally decided to join the party, breaking past $3,200 over the weekend after lagging behind Bitcoin’s red-hot run for most of the year.
The rest of the altcoin crew wasn’t about to miss out either — Dogecoin and Shiba Inu shot up by as much as 30% in early trading Monday.
Even crypto-adjacent stocks got a boost, with Robinhood favorites like MARA, Riot Platforms, Coinbase, and Microstrategy all leaping by 10%.
It’s like every corner of the crypto universe has caught the Trump-fueled fever, and for now, the bulls are in full charge.
Too soon?
Analysts and traders have their sights locked on the holy grail: $100,000 before the year’s out.
But not everyone’s ready to pop the champagne just yet.
CryptoQuant’s CEO Ki Young Ju is calling for caution, warning that an all-out year-end rally could set up a nasty bear market for 2025. His own target? A cool $58,974, as he posted on X. “Hope I’m wrong,” he added.
Even crypto’s biggest fans know when to keep one foot on the ground.
