The start of 2025 was not as good as it was expected by analysts, particularly as it made a significant rise towards the end of last year, but this is changing yet again as Bitcoin is slowly climbing back to $100,000, and other cryptos are following. It was revealed that one of the top reasons for this rally yet again is because of the nearing inauguration of President-elect Donald J. Trump next Monday, January 20.
In the past year, Trump has been the beacon of hope for crypto investors in the country as he expressed his support for the blockchain industry, promising that he will change America's treatment of the coins and make it more powerful in his term.
Bitcoin Climbs Back to $100k, Other Cryptos Rallying Now
Bitcoin came from its all-time high of $108,000 but crashed back to around $90,000 as the early days of 2025 progressed, and many believed it to be the end of its massive rise in the present. However, it is not yet the end withBitcoin only getting started with its massive drive towards breaking new barriers as it is climbing yet again to the $100,000 valuation, bringing the other coins in the market along for the rise.
According to CNBC, many cryptocurrencies in the market, including small-cap coins, are now rallying because of the upcoming inauguration of President-elect Donald J. Trump, with many awaiting his return to the White House.
The report revealed that investors are focused on investing more in small-cap cryptos in the market in this latest move, with XRP gaining an 11 percent increase and litecoin rallying by 20 percent of their respective valuations.
Donald Trump's Inauguration: Crypto is Making its Move
Many investors are already anticipating the massive surge that is expected this Monday, January 20, which directly relates to Trump's awaited inauguration, best known for his massive support for the blockchain industry. While there are no concrete plans yet regarding Trump's crypto future, reports claim that there will be improvements in regulations, establishment of a BTC strategic reserve, and overall support for the industry.
Donald Trump and His Crypto Future in the US
The future of the United States is Donald J. Trump, and the politician's future is cryptocurrency, with these already synonymous with the other based on the massive promises shared by the Republican during his campaign. After Trump won, he began rounding up the politicians and public figures that would be part of his administration, with the President-elect also stressing the 'crypto capital' future of America.
Bitcoin is also set to take center stage when Trump steps into power, with the upcoming president claiming that he will make the top coin a superpower, more than what it already offers the industry. Recently, Bitcoin surged to a valuation of $107,000 when Trump announced his plans to establish a US BTC strategic reserve once he was in power, ultimately leading to its current all-time high of $108,000.
However, Bitcoin and the entire crypto industry suffered drops when 2025 came in, and many investors, whales, and fans dumped their assets due to various reasons, even before Trump assumed power. Now that the inauguration is only days away, the cryptocurrency industry is rallying yet again, with Bitcoin and other cryptos overturning their woeful performance towards a crypto US future promised by Trump.
