BTC • ETH • Opinion

Crypto’s Defining Year: Bitcoin Smashes Records, Trump Backs Crypto, Altcoins Surge

Bitcoin rockets past $124K, Ethereum nears $5K, and Washington turns pro-crypto.

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Side-Eye Signals hero art with Ethereum focus

TL;DR

Bitcoin’s Relentless Push Higher

The king of crypto has obliterated resistance levels, setting multiple record highs and briefly touching $124,457 this week. Key drivers include:

⚠️ Watch the $118K support zone—a break could trigger a short-term correction before the next leg up.

Washington Goes Full Crypto

Since returning to the White House, President Trump has branded himself the “crypto president.” His executive order opening 401(k) retirement plans to digital assets could channel billions in fresh demand.

Wall Street heavyweights like BlackRock and Fidelity now have the policy runway to make crypto a mainstream retirement asset—fueling a staggering $1.6T market cap boost since Trump’s win.

Altcoins Heat Up

Outlook: 2025 Is Built Different

Short-term: BTC could test $130K if Fed policy supports momentum.

Mid-term: ETH and SOL likely lead altcoin upside on network activity.

Long-term: Retirement account inflows + ETF adoption could secure crypto’s place as a core global asset class.

Bottom line: This isn’t 2017 or 2021—it’s bigger. Crypto isn’t just rallying; it’s institutionalizing.

References

CoinJournal — ETH price prediction and ETF dynamics Standard Chartered BTC Outlook U.S. Policy Announcements

Disclaimer: Educational commentary only. Crypto is volatile; do your own research.