Bitcoin has finally surged past the $100,000 mark, breaking a crucial resistance level of $99.3K for the first time in 2025. This milestone comes as U.S. President-elect Donald Trump
The crypto market is buzzing with optimism, signaling bullish momentum in the near future.
On-chain data from Coinglass highlights a steady rise in the supply of major stablecoins like Tether (USDT), Circle’s USDC, and FDUSD. This trend points to growing purchasing power, particularly from whale traders preparing to enter the market.
USDC Growth: USDC supply on centralized exchanges has risen by nearly $1 billion since December 26, 2024, reaching $4.48 billion as of now.
USDT Surge: The supply of USDT-Ether has jumped from $21 billion on November 5, 2024, to over $38 billion today.
FDUSD Deposits: Over $50 million worth of FDUSD was deposited to Binance in the past 24 hours, likely by whales eyeing the recent dip in crypto prices.
Bitcoin dominance is showing signs of a major shift, forming a reversal pattern after being confined to a rising channel for the last two years. Meanwhile, the TOTAL2 and TOTAL3 market caps, which track the performance of altcoins, are climbing steadily.
This comes after pro-crypto leaders achieved significant victories in the U.S., adding to the market’s bullish sentiment.
Top-tier altcoins like Chainlink (LINK), XRP, Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE) are already showing strong bullish trends. Analysts predict these assets could be gearing up for a parabolic rally in the near term.
The future of Bitcoin and digital assets looks brighter than ever, as this year’s momentum continues to build.
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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