Crypto market update ✍️

in hive-136769 •  3 days ago 

Good evening to all my friends. I hope you all are doing well. I am having a great day. Let's talk about crypto market. Bitcoin and ether again started to pump. Friends, with 2025 starting, we're seeing increased volume in the market, with rallies of 20-30% in all coins today. Historically, the last week of December has low market activity, but after the holiday season, investors are active again. Investment firms like BlackRock, which usually buy large amounts of Bitcoin, bought $50-$60 million worth in late December, signaling renewed investor interest. As we enter Q1 of 2025, January through March is historically positive for Bitcoin and altcoins.

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January 20, 2025, is significant as Trump is set to take office, and markets expect potential money printing under his administration. Trump has also mentioned firing SEC Chairman Gary Gensler, which could positively impact crypto. While the US hasn't printed money yet, if the new government faces a budget deficit, money printing may follow. Overall, the market is reacting positively, and we may see favorable regulations for crypto under Trump. What do you think? Share your thoughts in the comments. That's it for today. Thanks & have a good day!!

@abfarhan

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Peace & Love!