17.01.2025 21:13:56

Bitcoin, Ethereum, and Dogecoin Jump as Traders Bet on Trump Bump

The crypto market came to life on Friday, the last trading day for Wall Street markets before the Trump presidency begins on Monday. Of course, crypto is traded 24/7, but volume and liquidity often fall over the weekend, so traders are building their final positions before the new administration takes over.Bitcoin (CRYPTO: BTC) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum (CRYPTO: ETH) is up a more modest 2.6% in that time, and Dogecoin (CRYPTO: DOGE) is up 7.3%.Reports are circulating in the media that President-elect Trump will sign an executive order making crypto a national priority on Day 1 of his term. It's not entirely clear what that means outside of replacing the current Securities and Exchange Commission chairman with a more crypto-friendly regulator.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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