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CRYPTO 101
Crypto Rundown: Trump Coin: A New Crypto Trading Era Has Begun
Jan 21, 2025
The hosts dive into Bitcoin's exciting new all-time highs and the launch of Trump Coin, discussing its surprising impact on market dynamics. They explore the volatility of Solana and other altcoins, alongside MicroStrategy's ongoing Bitcoin acquisition. The conversation also highlights the rise of meme coins and their influence on trading behavior. As political events shape regulations, the hosts emphasize the importance of staying informed in this fast-paced crypto environment.
39:56
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Quick takeaways
- Bitcoin's recent surge to over $109,000 showcases strong bullish momentum, indicating potential for further price increases as resistance weakens.
- The launch of Trump coin has created significant market excitement and speculation about future crypto regulations under the new administration.
Deep dives
Bitcoin Reaches New Heights
Bitcoin has achieved a new all-time high, surpassing its previous peak of around $108,000 to exceed $109,000 on Coinbase. This upward trend marks significant bullish behavior as the market favored buyers, overcoming last struggles where bears attempted to push prices below $90,000. The ability of Bitcoin to rise above all moving averages signals strong momentum, which could set the stage for further upward movement as resistance levels weaken. Analysts believe that the current momentum could propel Bitcoin closer to the ambitious $110,000 mark.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode