Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

2025-05-10

Ethereum’s TVL Spikes after 53%: Is this the sign of a large Eth -Rally?

2025-05-10

Bitcoin Advanced NVT is above this critical threshold – what it means for price action

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Bitcoin is predicted to reach $100,000 by Inauguration Day, amid record pre-market stock trading
Analysis

Bitcoin is predicted to reach $100,000 by Inauguration Day, amid record pre-market stock trading

2024-11-06No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin’s new all-time high of $75,000 following Donald Trump’s victory in the 2024 US presidential election reflects increased market optimism and anticipation of potential policy shifts favorable to digital assets.

According to one report Bitcoin’s upward trajectory could continue into the new year, according to digital asset custodian Copper.co. Fadi Aboualfa, head of research at Copper.co, said:

“We retested the accumulation trend of ETFs against potential price ranges.

A $100,000 Bitcoin is entirely possible by the time the 47th US president heads to the Capitol for the inauguration on January 20, with ETFs holding around 1.1 million Bitcoins.”

Copper.co’s forecast is based on historical ETF accumulation trends and current market data. In October, the firm predicted that ETFs could own just under a million Bitcoin by the US election, a projection that closely matches current holdings. The increasing ETF holdings indicate growing institutional interest in Bitcoin as a hedge against economic uncertainty.

Supporting this prediction, trading platforms experienced significant activity on election night. Robinhood reported the largest overnight trading session ever since the launch of the 24-hour market, with an elevenfold increase in notional volume from 8:00 PM to 4:00 AM. The platform noted that more than 400 million election contracts were traded, with the top symbols being COIN, DJT, IBIT, MSTR, NVDA, QQQ, SPY, TSLA, TSLL and TQQQ. In the crypto sector, Bitcoin, Dogecoin and Ethereum were among the most traded assets.

Market analysts hope that Trump’s victory will influence fiscal policies that promote cryptocurrency adoption and investment. During his previous term, Trump oversaw two record highs for Bitcoin, gains that occurred amid a weakening dollar. The current stronger dollar environment offers a different landscape, but investor optimism remains high.

See also  Bitcoin price restarts, but this resistance is key

Outside of Bitcoin, Copper.co sees Ethereum continuing to face challenges despite favorable supply trends. Betting odds only give a 13% chance that Ethereum will hit a new all-time high this year, although this is up from 8% before the election. While Ethereum’s supply growth this year is 89,000 ETH, compared to the 5.7 million coins staked, the tepid appeal of ETFs has dampened trader sentiment, even as investors remain largely unmoved.

Mentioned in this article

Source link

Bitcoin Day Inauguration Predicted premarket Reach Record Stock Trading
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

2025-05-10

Bitcoin Advanced NVT is above this critical threshold – what it means for price action

2025-05-10

Vae embraces Bitcoin, Ibit attracts $ 1B: a global BTC shift that unfolds?

2025-05-10

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Bitcoin (BTC) reaches $100,000 after Trump’s choice of Paul Atkins as chairman of the SEC

2024-12-05

Bitcoin whales applies $ 800 million – which it means for BTC prices

2025-02-12

Analyst Says Top-10 Blue Chip Altcoin Could Post ‘Strong Gains’ in 2024, Updates Outlook for Arbitrum and Celestia

2024-01-06
Editors Picks

Azuki chooses arbitration for anime-focused project AnimeChain

2024-03-29

Here’s what’s keeping Bitcoin below the $30,000-mark

2023-08-13

Build an Onchain website with Unstoppable

2024-09-15

Dogecoin Price Prediction: DOGE price will reach $1 if this happens

2023-10-14
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

Ethereum’s TVL Spikes after 53%: Is this the sign of a large Eth -Rally?

Bitcoin Advanced NVT is above this critical threshold – what it means for price action

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,158.570.97%
  • ethereumEthereum(ETH)$2,535.928.73%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.412.12%
  • binancecoinBNB(BNB)$666.371.21%
  • solanaSolana(SOL)$177.043.77%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.24037114.95%
  • cardanoCardano(ADA)$0.825.28%
  • tronTRON(TRX)$0.2675951.92%
  • suiSui(SUI)$4.022.23%
  • chainlinkChainlink(LINK)$16.936.26%
  • avalanche-2Avalanche(AVAX)$25.348.71%
  • stellarStellar(XLM)$0.3133384.57%
  • shiba-inuShiba Inu(SHIB)$0.0000169.03%
  • hedera-hashgraphHedera(HBAR)$0.2134685.06%
  • the-open-networkToncoin(TON)$3.484.98%
  • hyperliquidHyperliquid(HYPE)$25.273.89%
  • bitcoin-cashBitcoin Cash(BCH)$418.460.76%
  • polkadotPolkadot(DOT)$5.174.04%
  • litecoinLitecoin(LTC)$104.280.95%
  • unus-sed-leoUNUS SED LEO(LEO)$8.29-5.04%
  • piPi(PI)$0.9732.26%
  • moneroMonero(XMR)$323.581.91%
  • bitget-tokenBitget Token(BGB)$5.045.67%
  • pepePepe(PEPE)$0.0000133.69%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$7.2613.13%
  • bittensorBittensor(TAO)$456.884.15%
  • nearNEAR Protocol(NEAR)$3.2811.84%
  • aptosAptos(APT)$6.129.05%
  • aaveAave(AAVE)$223.345.94%
  • ondo-financeOndo(ONDO)$1.065.38%
  • okbOKB(OKB)$55.521.49%
  • ethereum-classicEthereum Classic(ETC)$20.215.52%
  • internet-computerInternet Computer(ICP)$5.733.79%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.240.64%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2690424.63%
  • kaspaKaspa(KAS)$0.1067381.51%
  • render-tokenRender(RENDER)$5.377.87%
  • vechainVeChain(VET)$0.0317885.46%
  • crypto-com-chainCronos(CRO)$0.1028292.01%
  • gatechain-tokenGateToken(GT)$22.21-0.69%
  • mantleMantle(MNT)$0.781.58%
  • ethenaEthena(ENA)$0.40978810.96%
  • arbitrumArbitrum(ARB)$0.47981526.97%
  • algorandAlgorand(ALGO)$0.2512767.96%
  • filecoinFilecoin(FIL)$3.257.69%
  • usd1World Liberty Financial USD(USD1)$1.00-0.14%
  • bitcoinBitcoin(BTC)$104,158.570.97%
  • ethereumEthereum(ETH)$2,535.928.73%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.412.12%
  • binancecoinBNB(BNB)$666.371.21%
  • solanaSolana(SOL)$177.043.77%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.24037114.95%
  • cardanoCardano(ADA)$0.825.28%
  • tronTRON(TRX)$0.2675951.92%
  • suiSui(SUI)$4.022.23%
  • chainlinkChainlink(LINK)$16.936.26%
  • avalanche-2Avalanche(AVAX)$25.348.71%
  • stellarStellar(XLM)$0.3133384.57%
  • shiba-inuShiba Inu(SHIB)$0.0000169.03%
  • hedera-hashgraphHedera(HBAR)$0.2134685.06%
  • the-open-networkToncoin(TON)$3.484.98%
  • hyperliquidHyperliquid(HYPE)$25.273.89%
  • bitcoin-cashBitcoin Cash(BCH)$418.460.76%
  • polkadotPolkadot(DOT)$5.174.04%
  • litecoinLitecoin(LTC)$104.280.95%
  • unus-sed-leoUNUS SED LEO(LEO)$8.29-5.04%
  • piPi(PI)$0.9732.26%
  • moneroMonero(XMR)$323.581.91%
  • bitget-tokenBitget Token(BGB)$5.045.67%
  • pepePepe(PEPE)$0.0000133.69%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$7.2613.13%
  • bittensorBittensor(TAO)$456.884.15%
  • nearNEAR Protocol(NEAR)$3.2811.84%
  • aptosAptos(APT)$6.129.05%
  • aaveAave(AAVE)$223.345.94%
  • ondo-financeOndo(ONDO)$1.065.38%
  • okbOKB(OKB)$55.521.49%
  • ethereum-classicEthereum Classic(ETC)$20.215.52%
  • internet-computerInternet Computer(ICP)$5.733.79%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.240.64%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2690424.63%
  • kaspaKaspa(KAS)$0.1067381.51%
  • render-tokenRender(RENDER)$5.377.87%
  • vechainVeChain(VET)$0.0317885.46%
  • crypto-com-chainCronos(CRO)$0.1028292.01%
  • gatechain-tokenGateToken(GT)$22.21-0.69%
  • mantleMantle(MNT)$0.781.58%
  • ethenaEthena(ENA)$0.40978810.96%
  • arbitrumArbitrum(ARB)$0.47981526.97%
  • algorandAlgorand(ALGO)$0.2512767.96%
  • filecoinFilecoin(FIL)$3.257.69%
  • usd1World Liberty Financial USD(USD1)$1.00-0.14%