Bitcoin (BTC) surged to a new all-time high as the US readies for Donald Trump’s inauguration. The flagship currency rallied over 3% in the past 24 hours as optimism and excitement in the market continue to grow. Meanwhile, Donald Trump’s meme coin, TRUMP’s market cap soared to $12 billion just hours after launch, raking in billions in trading volume. Bitcoin Surges To New High Bitcoin (BTC) has surged to a new all-time high of $109,114 as markets brace for Donald Trump to be sworn in as the President of the United States. The flagship currency saw a sudden surge earlier today, allowing it to surge above $105,000 to its new all-time high, easily surpassing levels last seen in November following Trump’s election victory. The jump came after Trump and incoming First Lady Melania Trump launched rival meme coins, stunning the crypto market and community and forming the “God Candle” on the BTC price chart. The God Candle is a candle on the price chart that forms after the price witnesses a dramatic increase. Analysts have predicted BTC will surge to $150,000 in 2025, while more optimistic predictions put the flagship cryptocurrency at $1,000,000 in 2025. Lark Davis, a Bitcoin and crypto influencer and the writer of the Wealth Mastery newsletter stated, “History will be made on Monday when Trump becomes the first pro-crypto president in the U.S., and new all-time highs could be imminent.” A Strategic National Bitcoin Reserve Trump promised to create a strategic national Bitcoin reserve, adding that BTC could eclipse gold’s market capitalization when speaking at the Bitcoin 2024 conference. Ed Hindi, the Chief Investment Officer at Tyr Capital, believes Trump will make good on his promises within the first 90 days in office, leading to a substantial price increase. “We believe Trump will turn some of his crypto rhetoric into action in his first 90 days in office, and this should catapult prices. Creating a U.S. Bitcoin strategic reserve will be one of them. Other countries will be forced to follow suit and hence create a price action virtuous cycle.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) has surged to a new all-time high during the current session as markets rebounded after a sluggish start to the day. BTC is up almost 4% over the past 24 hours and has registered gains of over 18% over the past week. Bullish sentiment began building last week despite BTC starting on a very negative note, plummeting below $90,000 on Monday to an intraday low of $89,397. However, the price rebounded from this level to reclaim $90,000 and settle at $94,492. Sentiment changed on Tuesday as BTC went above the 20-day SMA and settled at $96,566. Buying activity registered a substantial increase on Wednesday as BTC surged past the 50-day SMA, rising nearly 4%, going above $100,000 and settling at $100,050. Source: TradingView However, it was back in the red on Thursday, dropping to an intraday low of $97,094 before settling at $99,798. BTC recovered on Friday, rising 3.94% to surge past $100,000 and settle at $103,732. However, it lost momentum over the weekend, dropping to an intraday low of $101,591 on Saturday before settling at $103,579, ultimately registering a marginal drop. BTC rose to an intraday high of $106,552 on Sunday as buyers attempted a recovery. However, it lost momentum after reaching this level, dropping just over 2% to $101,434. BTC has rallied during the current session, surging to a new all-time high of $109,350. However, it has since registered a marginal decline and is currently trading around $107,667. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Crypto Fear & Greed Index at 76: Understanding the Persistent Extreme Greed Phase
Crypto Fear & Greed Index at 76: Extreme Greed Continues to Dominate the Market The Crypto Fear & Greed Index is a crucial tool for analyzing investor sentiment in the cryptocurrency market. As of January 20, 2025, the index registered a score of 76 , indicating a slight decrease of one point from the previous day. Despite this minor drop, the market remains in the “extreme greed” zone, suggesting elevated optimism and a robust trading environment. This index serves as a valuable indicator of market dynamics, blending various factors to provide a single, easily interpretable figure. The ongoing extreme greed phase has significant implications for traders, long-term investors, and the market as a whole. What Is the Crypto Fear & Greed Index? The Crypto Fear & Greed Index quantifies market sentiment on a scale from 0 to 100: 0–24: Extreme fear 25–49: Fear 50–74: Greed 75–100: Extreme greed The higher the score, the greater the optimism in the market, while lower scores indicate caution or bearish sentiment. Key Components of the Index The index evaluates six factors, each contributing to the overall sentiment score: Volatility (25%) Measures sharp price changes in Bitcoin and other cryptocurrencies. Increased volatility often signals market uncertainty or euphoria. Trading Volume (25%) Tracks the total volume of cryptocurrency trades. Higher activity levels typically reflect growing investor interest. Social Media Mentions (15%) Analyzes the frequency and sentiment of crypto-related discussions across platforms like Twitter, Reddit, and Facebook. Investor Surveys (15%) Aggregates responses from cryptocurrency investors about their market outlook. Bitcoin Dominance (10%) Assesses Bitcoin’s market share relative to altcoins. Rising dominance often reflects conservative sentiment, while declining dominance suggests a shift toward riskier assets. Google Trends (10%) Monitors search interest in cryptocurrency-related topics as a gauge of public attention. Current Market Sentiment: Extreme Greed Slight Decline in Sentiment The Crypto Fear & Greed Index dipped from 77 to 76, reflecting a marginal softening of investor confidence. However, the extreme greed phase persists, indicating a highly optimistic market sentiment. Driving Factors Behind Extreme Greed Bitcoin Price Surge Bitcoin’s recent rally has fueled enthusiasm, drawing new and returning investors. Strong Altcoin Performance Cryptocurrencies like Ethereum, Solana, and XRP have posted significant gains, contributing to heightened market activity. Speculative Hype Social media buzz and speculative trading are amplifying the optimistic atmosphere. Implications of Extreme Greed Opportunities Trading Volatility: Active traders can leverage high volatility to capitalize on short-term price swings. Momentum Investments: Continued price increases may attract momentum investors, driving prices higher in the short term. Risks Overvaluation: Extreme greed often correlates with overbought conditions, making the market vulnerable to corrections. Speculative Bubbles: Increased speculation can inflate prices beyond sustainable levels, leading to sharp reversals. What This Means for Investors For Short-Term Traders The current extreme greed phase offers opportunities for quick gains, but traders must exercise caution. Consider implementing stop-loss orders to mitigate potential losses during sudden market downturns. For Long-Term Investors While optimism is a positive indicator, it’s essential to avoid being swept up in speculative euphoria. Focus on cryptocurrencies with strong fundamentals and long-term growth potential. How the Crypto Fear & Greed Index Helps Investors Identifying Market Trends The index highlights when the market is overly fearful or greedy, helping investors make data-driven decisions. Timing Investments Extreme fear often signals buying opportunities, while extreme greed suggests caution. Portfolio Management Use the index as a guide to adjust portfolio risk levels based on market sentiment. What’s Next for the Market? Optimistic Outlook The extreme greed phase could persist as Bitcoin and altcoins continue their bullish trends. Positive news, such as regulatory clarity or adoption milestones, may sustain market enthusiasm. Potential Downside Risks Unexpected events, such as regulatory crackdowns or macroeconomic changes, could trigger a market correction. Investors should monitor the index closely for signs of shifting sentiment. Conclusion The Crypto Fear & Greed Index remains a vital tool for understanding market dynamics and investor psychology. As the index sits at 76 , reflecting extreme greed, the market continues to show strong optimism. However, both short-term traders and long-term investors should approach the current conditions with a balanced perspective, recognizing the opportunities and risks inherent in such a sentiment-driven phase. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries. Bitzo
Missed PEPE`s Rise in 2024? Don`t Overlook the Altcoin Experts Are Comparing to XRP in 2025
If you missed the chance to ride PEPE’s success in 2024, don’t worry—2025 is shaping up to offer an even bigger opportunity. Experts are buzzing about a new altcoin, dubbing it the “next XRP.” With massive potential and growing attention, Remittix (RTX) could be your shot at joining the next big crypto trend before it takes off. Is 1 Cent Achievable for Pepe Coin (PEPE) by 2025? As investors ponder whether Pepe Coin can hit the one-cent mark by 2025, interest in PEPE is growing. Currently priced around $0.00001708, PEPE has dipped 1.84% over the past day and 2.7% for the week. Even with these fluctuations, its Relative Strength Index (RSI) at 64.66 indicates strong buying interest, suggesting optimism about its future prospects. A major reason for this upbeat sentiment is PEPE`s position above its 50-day and 200-day moving averages. This signals a positive trend; a potential "golden cross," where the 50-day MA surpasses the 200-day MA, could further confirm its rising momentum. PEPE`s short-term trajectory hinges on these levels, as it faces resistance at $0.00001877, with support at $0.00001723. Adding to the excitement, a notable crypto whale recently invested $24.5 million in PEPE after previously securing an $11 million profit. Such significant investments often reflect confidence in a currency`s growth, fueling speculation of another potential rally. Whether PEPE can reach 1 cent by 2025 will depend on maintaining investor interest, market dynamics, and its ability to sustain momentum. Remittix (RTX) Poised for a Breakthrough in 2025 Remittix (RTX) is gearing up to be a strong contender in 2025 as the cryptocurrency sector evolves. Known for its innovative take on global remittances using blockchain technology, RTX is becoming one of the top coins to consider buying now. Out of a total supply of 1.5 billion tokens, half are available during the ongoing presale phase at an attractive price of $0.0221, presenting early investors with a promising opportunity. Early adopters see the potential in this project, especially given its presale discount. Many experts agree that RTX is not only a presale token worth looking into but also a prime candidate for those wanting the best coin to invest in today. Increasing acceptance of cryptocurrencies and RTX`s ability to streamline cross-border transactions are key drivers of its future growth. Both seasoned and new investors should consider this coin, as it is well-positioned to benefit from market momentum as 2025 approaches. Remittix stands out among presale tokens by aiming to revolutionize international payments. The platform ensures fast, secure, and affordable transactions using blockchain technology. It`s the perfect solution for global businesses and individuals transferring money abroad, addressing the inefficiencies of traditional methods. Having already attracted nearly $2.5 million during its presale phase, $RTX is among the best coins to invest in today. As demand for $RTX skyrockets, investors are drawn to its growth potential. Token holders also have governance rights, promoting a community-driven approach to decision-making. Remittix offers a unique mix of usability, a robust presale phase, and excellent tokenomics. If you`re looking for the best coins to buy now, RTX should definitely be on your list. With its cutting-edge framework, discounted presale phase, and solid fundamentals, RTX is undoubtedly a top coin to invest in today for those seeking substantial future returns. Explore the Future of PayFi with Remittix by Visiting Their Presale Here: Website: https://Remittix.io/ Socials: https://linktr.ee/Remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Bitzo