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Bitcoin Hits $93K, Ripple Shocks, What’s Next?

Crypto’s $131 Million Power Move.

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

🔥 Crypto News You Can’t Afford to Miss.

💰 Crypto’s $131 Million Power Move.

📉 “Buy the Dip”—or Miss the Crypto Moment of the Year?

Bitcoin hits $93,000, Ripple soars 20%, and Ethereum ETFs break records—what’s next for crypto?

  • Bitcoin Highlights:

    • Crossed $93,000, marking a historic high.

    • Triggered $5 billion in whale profits within days.

    • Michael Saylor predicts $100,000 by 2025, thanks to institutional adoption and pro-crypto policies.

  • Ethereum Milestones:

    • ETFs hit $1.63 billion in weekly trading volume, a 44% surge.

    • ETH prices spiked 25%, signalling increased institutional interest.

  • Market Volatility:

    • Bitcoin, Ethereum, and Solana saw minor drops: 2%, 4%, and 3%, respectively.

    • Ripple defied trends, jumping over 20% in a standout rally.

  • Future Outlook:

    • VanEck hinted at a Solana ETF launch by 2025, a potential game-changer for altcoin adoption.

The crypto industry made a bold play, spending $131 million to influence Washington.

Here’s what they’re aiming for:

  • Regulatory Clarity: Push Congress to establish a framework that integrates crypto into mainstream finance.

  • Leadership Change: Replace SEC Chair Gary Gensler with a crypto-friendly leader.

  • Shifting Oversight: Transfer regulation from the SEC to the more lenient CFTC.

  • Pro-Crypto Policies: Trump pledges to make the U.S. the "crypto capital of the planet" and establish a national cryptocurrency reserve.

Big Names Behind the Movement:

  • Billionaires Elon Musk and the Winklevoss twins donated millions to pro-crypto PACs.

  • Industry PACs like Fairshake have already amassed $78 million for the 2026 elections.

The Debate:

  • Critics Warn: Looser regulations could compromise consumer protections.

  • Crypto Advocates Insist: Clear rules are essential to foster innovation and build the future.

If you’ve been waiting for the perfect entry into crypto, now might be the time.

Michael Van de Poppe, a top analyst, says Bitcoin, Ethereum, and altcoins are nearing critical buy levels.

Key Highlights:

  • Bitcoin: Trading at $89,250, close to a major zone of interest.

  • Ethereum: Priced at $3,040, approaching an "optimal entry point."

  • Altcoins: Watch for 20-50% dips as Van de Poppe predicts big breakouts ahead.

Recent Fed remarks caused Bitcoin to dip below $88,000 after peaking at $91,000.

Cathie Wood predicts Bitcoin could hit $1.5 million by 2030 due to growing institutional interest.

President-elect Trump’s policies might weaken the dollar, creating a favourable environment for Bitcoin.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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