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New Bitcoin Outlook- $BTC #BTC

Your Portfolio Needs to Hold $BTC , $XRP , and $ADA in 2025 and Here is Why #Bitcoin (BTC) is predicted to reach $111,006 by January 29, 2025, according to CoinCodex. #Ripple (XRP) is forecasted to rise by 78.22% and hit $3.69 by March 30, 2025, as per CoinCodex. #Cardano (ADA) is expected to increase by 140.27% and reach $2.10 by March 30, 2025, according to CoinCodex’s prediction. As we approach a new era in the cryptocurrency market, backed by governmental support and significant market developments, experts predict a promising future for digital currencies. The year 2025, in particular, is expected to witness three specific cryptocurrencies soar higher than others. Here, we delve into the potential growth of these top three cryptos that are likely to hit stellar price peaks in the future. Bitcoin – The Unquestionable Monarch of the Crypto World Bitcoin, the undisputed king of cryptocurrencies, is expected to reach new heights in 2025. Financial powerhouses like Standard Chartered have already predicted a prosperous future for Bitcoin, signifying the dawn of a new era in cryptocurrency. Moreover, the political overhaul initiated by personalities like Trump and Musk is likely to play a pivotal role in driving Bitcoin’s price to new highs. According to CoinCodex, Bitcoin’s price might reach a staggering $111,000 by January 2025, making it a good time for investment. Ripple XRP – The Potential Gamechanger in Stablecoin Domain Ripple’s XRP has been making significant strides in the crypto space. The company’s recent launch of its RLUDd aims to revolutionize the stablecoin domain. With Paul Atkins likely to become the new SEC chair in 2025, the ongoing disputes between Ripple and the SEC could see an end, giving the token a boost. CoinCodex predicts XRP’s price to rise to $3 by March 2025, making it an opportune moment to invest in XRP. Cardano ADA – The Rising Star of Cryptocurrency Despite recent price volatility, Cardano’s ADA continues to build momentum. The recent price dip has proved beneficial for several crypto whales who have managed to accumulate nearly 20 million ADA in the last 48 hours. However, CoinCodex forecasts a rise in Cardano’s price to $3 by 2025, indicating a bearish sentiment for the time being. Conclusion As we approach the year 2025, the crypto landscape is expected to undergo significant changes. Bitcoin, Ripple XRP, and Cardano ADA are three prime candidates predicted to hit stellar price peaks in the near future. While the current market sentiments vary, the long-term projections for these digital assets remain promising. As always, it’s crucial for potential investors to conduct thorough research before making any investment decisions. #ProfitWithConfidence #ProfitableInvesting

$SUI is at $40B (billion!) FDV. For comparison, $AVAX is at $26B, same as $TON. $TRON is at $22B. $DOT is at $10B. This puts @SuiNetwork as a top-5 chain by FDV (after Bitcoin, Ethereum, Solana, and BNB). ╮ (. ❛ ᴗ ❛.) ╭

The total open interest of Bitcoin futures contracts across all exchanges was 649,820 BTC (approximately $59.82 billion).

Bloomberg in its latest report has spotlighted BlackRock ETF’s records which has smashed industry records in its launch year itself. It noted that no ETF has ever had such an exceptional debut as it grew to a behemoth with more than $50 billion in assets in less than a year which makes it the fastest-growing cryptocurrency ETF in history. IBIT’s size grew to match the combined assets of over 50 long-established European market-focused ETFs. Todd Sohn of Strategas Securities highlighted this in a note, while Nate Geraci, the President of The ETF Store has called it “the greatest launch in ETF history.” Notably, Larry Fink, the firm’s CEO, who once criticized Bitcoin as a tool for global money laundering has now shifted his view as he began to view Bitcoin as “digital gold.” BlackRock’s entry into the spot-Bitcoin market, supported by its strong ETF track record, led to the approval and launch of the first US Bitcoin ETFs in January. Following this approval, BlackRock, along with Fidelity, VanEck, Grayscale, and others, launched the first cohort of US Bitcoin ETFs. Together, these 12 funds now manage approximately $107 billion in assets. BlackRock’s Contribution To BTC Rally IBIT now holds more assets than BlackRock’s gold ETF, the second-largest gold fund globally. Notably, Geraci believes that IBIT in 2025 could surpass SPDR Gold Shares, the largest gold ETF, barring a collapse in the price of Bitcoin. IBIT’s success also marked a significant turning point for Bitcoin, potentially boosting its legitimacy and acceptance in the financial market. It also played a significant role in pushing Bitcoin’s price above $100,000 for the first time, attracting both institutional investors and formerly skeptical individuals. Remarkably, IBIT and other Bitcoin ETFs have contributed significantly to Bitcoin’s 118% price rally this year. Since its launch, IBIT has had only nine days of outflows and typically accounts for over 50% of the daily trading volume in the group.