Market Update

‘Divine Candle’ Suddenly Sends Bitcoin to All-Time High as Trump Surprises Cryptocurrencies

Bitcoin has suddenly soared, rising to a new all-time high of around $110,000 per bitcoin as Donald Trump prepares to return to the White House (As the market prepares for a big week ahead).

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The price of Bitcoin has risen, reaching levels not seen since Trump won the November election Trump and his wife Melania stunned the cryptocurrency market by launching rival memcoins over the weekend.

now, With expectations growing that Trump may create a US Bitcoin reserve that may contain other competing cryptocurrenciesBitcoin price witnessed what was described as a “divine candle.”

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“Candle of the Lord,” Samson Mo, the Bitcoin developer who leads Bitcoin wallet company Jan3, to publish To

Mo predicted that the price of Bitcoin would rise to $1 million in 2025, citing Trump’s return to the White House and the recent growth in the global money supply.

“History will be made on Monday when Trump becomes the first pro-crypto president in the United States, and all-time highs could be imminent,” wrote Lark Davis, a Bitcoin and cryptocurrency influencer and writer of the Wealth Mastery newsletter, noting “the rising odds of… US to Create Strategic Reserve of Bitcoin in 2025” on cryptocurrency forecasting platform Polymarket.

In July, Republican presidential candidate Trump promised to create a “Strategic National Bitcoin Reserve” and predicted Bitcoin would do just that. Gold’s $16 trillion market cap trumps during an appearance at the Bitcoin 2024 conference.

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ForbesIt’s just getting started – Trump Meme Coin Suddenly Crashes After Melania Coin Shock Hits Cryptocurrency

“The surge has come from a set of potential pro-crypto executive orders that Trump could start issuing starting Monday,” Davis wrote, adding: “Things are going to get interesting from here.”

Trump, the self-proclaimed crypto president, will reportedly issue several crypto-related executive orders on his first day in the White House, January 20 — and one of them is expected to spark… Huge surge in Bitcoin prices.

“The Trump team has made it clear that this is a priority,” an anonymous source said. He said the The Washington Post.

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