Bitcoin (BTC) and New Altcoin JetBolt (JBOLT) Make Waves in the Crypto Market

Bitcoin (BTC) is holding above $103,077.80 today, after reaching a new all-time high at  $109,588 on January 20th. While Bitcoin saw a 2.53% decline in the past 24 hours, it has risen by 3.26% on its 7-day price chart. As BTC keeps its pace above the $100K line, can it hit a new price high in the upcoming days?

Bitcoin (BTC) price action has seen a surge of interest in 2025, especially after reaching a new all-time high at $109,588 on January 20th. While BTC saw a slight decline in the past 24 hours, dropping by 2.53%, it has risen by 3.26% on its 7-day price chart. Currently, Bitcoin is trading at $103,077.80.

At the same time, a new altcoin, JetBolt (JBOLT), is disrupting the crypto space with its trailblazing zero gas technology innovation and over 280 million tokens sold in its early phase. But how are Bitcoin’s price movements and the rising interest in JetBolt connected? Let’s discover.

Bitcoin (BTC): Can Bitcoin Reach a New ATH Soon?

As Bitcoin (BTC) hit a price high of $109K on the day Donald Trump assumed office as president, crypto analysts and traders paid close attention to the correlation between Trump and Bitcoin’s price movements. Now that Trump is back in the White House, the question arises: can BTC reach a new ATH soon?

Bitcoin (BTC) is showing signs of strength as it trades above the $103,077.80 mark today (Jan.23) following a peak at $109K last January 20th, as indicated by a graph from the CoinMarketCap trading platform.

According to BTC analysts, Bitcoin’s bullish momentum is fueled by its breakout from a “symmetrical triangle” pattern. Another factor that propelled Bitcoin to breach a new sky-high price was bullish momentum in the market linked to Trump taking office on Jan. 20. Last November, Trump’s election victory was reportedly followed by a small bullish phase, which some attribute to his campaign promises hinting at favorable policies for cryptocurrency.

Meanwhile, BTC’s growing whale activity impacts its current price as well. Whales have reportedly accumulated 22,000 BTC, which is roughly $2.24 billion at its current price, in the last three days, signaling whales’ strong confidence in Bitcoin.

Can BTC hit a new price high soon? BTC analysts say it might be likely given the prevailing strong interest for Bitcoin among crypto whales. They also note that these large crypto holders can shift the market dynamics and influence the crypto’s price.

With the addition of Trump returning to the White House, which is largely viewed as a pro-crypto stance, and anticipation around the potential Bitcoin reserve, analysts are optimistic that BTC could reach a new ATH in the upcoming days. However, the volatility of the market is still a huge factor that could affect BTC’s price.

JetBolt and Zero Gas Tech: What’s Behind the Mounting Interest?

While the crypto community is keeping an eye on Bitcoin and anticipating its next price high, a new altcoin, JetBolt (JBOLT), has managed to stir the crypto market with its zero gas functionality and a growth in its holder base.

Powered by the Skale Network, JetBolt boasts zero-gas technology, which removes gas fees completely during blockchain transactions. With this zero-gas tech, JetBolt allows users to unburden themselves from incurring sky-high gas fees. This technology also has use cases possible for developers, who may also pass on the zero gas advantage to their users.

More than the gas-free solution, JetBolt offers rapid transaction speeds, near-instant finality, and an integrated Web3 wallet. JetBolt’s state-of-the-art Web3 wallet makes use of the WebAuthN protocol and features biometrics and facial recognition for additional simplicity of use.

Aside from these exceptional features, JetBolt also leverages advanced artificial intelligence. JetBolt utilizes AI to aggregate blockchain news and trending crypto stories, while categorizing them based on bullish and bearish sentiment.

Lastly, JetBolt’s early adopters can receive up to 25% additional tokens when they purchase Alpha Box packages or tokens in discounted batches. With its zero-gas technology, AI functionality, easy-to-use staking and more, JetBolt captures mounting interest among whales in the crypto community.