- Trump’s inauguration dubbed the Crypto Ball takes place.
- Bitcoin and major altcoins prices pump and market sentiment returns to extreme greed.
- Reputed analyst highlights inevitable bullish use cases for BTC, XRP, ETH, and ONDO.
Donald J. Trump has been titled America’s First Crypto President by the crypto community Bitcoin. The US Elections that took place in November 2024 led to an incredibly bullish pump for the crypto market, especially influencing the pioneer crypto asset Bitcoin (BTC). Trump’s securing the election led to a string of new ATHs for the price of Bitcoin.
Trump’s Inauguration Spurs Bullish Crypto Market Surge
The time from the US Presidential Election to Inauguration Day is known as a golden pocket where traders accumulate potentially powerful crypto assets that could lead to immense gains in the following months. This Inauguration Day finally took place on January 17, 2025, and was known as the Crypto Ball.
As expected, the prices of reputed cryptocurrencies shot up instantly starting with Bitcoin (BTC) reclaiming its previous 6-digit prices which is steadily continuing upward. Analysts are certain that Bitcoin will soon reclaim its previous ATH and go on to set much higher ATHs in the months ahead. Similar sentiments reflect for altcoins as well with both ETH and XRP nearing their previous ATH prices.
Analyst Highlights Inevitably Bullish Crypto Assets
As we can see from the post above, one reputed crypto analyst, known for his many accurate crypto markets and price predictions, Doctor Profit, makes a bullish statement. He makes four key statements that he expects all crypto traders and investors to know which are the inevitable use cases of four market tokens.
Specifically, he states that Bitcoin (BTC) holds the use case for being a reserve currency for CBDCs while XRP holds the use case for international CBDC transactions. Similarly, he marks that ETH holds the use case for the tokenization of the stock market while ONDO holds the use case for becoming the tokenization of things.
The post Crypto President Trump’s Inauguration ‘Crypto Ball’ Restores Extreme Greed Market Sentiment appeared first on Cryptonewsland.
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