Partnered With:

Strategist: Bitcoin Hits New All-Time High, Opening Room for Further Upside

BlockBeats News, January 20th, according to CNBC, LMAX Market Strategist Joel Kruger stated, "Trump's launch of the Meme coin TRUMP highlights his support for cryptocurrency and indicates that he believes Americans should have the freedom to participate in this emerging asset class."

"There is a rationale here suggesting that giving official recognition to what could be seen as the wildest of crypto assets, a Meme coin, is the best way to convey the U.S. government's support for embracing cryptocurrency and making the U.S. a key player in the space."

On Monday, investors will focus on Trump's inauguration, paying attention to executive orders related to cryptocurrency.

Kruger added that Bitcoin's new record has opened the door to a potential move up to $130,000.

Correction/Report

RelatedRecommended

Bitcoin Hits $110,000 All-Time High: Is It a Replay of the Double Top Trap or the Beginning of a New Cycle?

Based on the current RP dynamic value, it is required that the BTC price can surpass $125,500.

Bitcoin Breaks $120,000 for the First Time, Who Is Driving the New Rally?

This upward trend is not driven by short-term funding but by the resonance of multiple structural forces.

15 years after its birth, Bitcoin hit a record high, and what happened in the 800 days since it returned to a single coin of $69,000?

Trader's Insight | How Will the Market React After Bitcoin Hits a New All-Time High?

Institutional Leadership, Policy Support: What Will the Post-Consensus Crypto Bull Market Look Like?

On-Chain Activity

2h ago

Trader "Hanba Longwang" goes long on Anthropic, gains 105%, capturing about 70% of this rally's upside.

2h ago

Anthropic's largest short seller added $7.6 million in the afternoon, bringing the total position to approximately $36.1 million.

3h ago

Mercado Bitcoin Hacker Dumps 31 More Altcoins for ETH, Total Converted Value Around $18.19 Million

5h ago

U.S. stocks rebound begins to liquidate short positions, a whale exits with a $17 million loss on a short bet.

24H Important News

2026-11-04

UK media: The midterm elections have already cost Musk over $60 billion, and the figure is still rising.

Aftermath of Trump's election defeat: Public events canceled, related concept trades plunge across the board.

US "ADP" exceeds expectations, with 86,000 jobs added in October, versus an expected 69,000.

U.S. stocks pre-market: the computing power cloud sector plunged sharply, with CoreWeave down 9.53%, as anti-data-center forces gained ground after the midterm elections.

Correction/Report

Submit

Add Library

Visible to myself only

Public

Save

Choose Library

Add Library

Cancel

Finish