Furthermore, Bitcoin price broke out of a crucial resistance level of around $99.3k and rallied beyond $100k for the first time in 2025. With the upcoming inauguration of US President-elect Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President who has heavily emphasized the adoption of Bitcoin and digital assets, the entire crypto industry has signaled bullish sentiment in the near term.
Rising Stablecoins Supply on CEXes
According to on-chain data analysis from Coinglass, the overall supply of top-tier stablecoins – led by Tether USDT, Circle’s USDC, and FDUSD – has gradually increased in the recent past. For instance, the supply of USDC on CEXes has increased by nearly $1 billion from December 26, 2024, to $4.48 billion at the time of this writing.
Since November 5, 2024, the supply of USDT-Ether has surged from $21 billion to over $38 billion at the time of this writing.
In the past 24 hours, on-chain intelligence platform Sentiment shows that FDUSD deposits to Binance exchange surged by over $50 million, possibly whales seeking to buy the recent crypto dip.
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Altseason Ahead
The rising supply of stablecoins on centralized exchanges is perceived as an increasing purchasing power, especially from whale traders. Already, Bitcoin dominance has been forming a macro reversal pattern, after being trapped in a rising channel in the past two years.
Meanwhile, the TOTAL2 and TOTAL3 market caps have been forming a rising trend after registering palpable gains following the overwhelming victory of pro-crypto leaders in the United States.
Some of the top-tier altcoins – led by Chainlink (LINK), XRP, Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE) – have already formed a macro bullish trend in preparation for a parabolic rally in the near term.
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FAQs
Bitcoin’s recent rise is driven by the breakout above $100K and growing bullish sentiment due to US policies supporting digital assets.
In 2030, the price of 1 Bitcoin could reach a height of $610,646.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.
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