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Cryptocurrency News Articles

Bitcoin (BTC) Surges Past $100K as President Trump Signs Cryptocurrency Executive Order

Jan 24, 2025 at 02:04 pm

According to the top gainers on the AI-based Web3 search platform Kaito's Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market), the top five crypto-related keywords currently attracting the most attention on the 24th are Bitcoin (BTC), PumpFun (PUMP), Blast (BLAST), OfficialTrump (TRUMP), and FartCoin (FARTCOIN).

Bitcoin (BTC) Surges Past $100K as President Trump Signs Cryptocurrency Executive Order

The top five crypto-related keywords currently garnering the most attention on the 24th, according to Kaito's Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market), are Bitcoin (BTC), PumpFun (PUMP), Blast (BLAST), OfficialTrump (TRUMP), and FartCoin (FARTCOIN).

Bitcoin is attracting immense attention from investors as a result of U.S. President Donald Trump signing a cryptocurrency executive order. The order will conduct an official review of strategic reserve assets, including Bitcoin. In response, the price of Bitcoin surged, reaching highs of $106,000 during the day. At the moment, Bitcoin is trading at around $104,900, after giving back some of its gains.

The meme coin creation and trading platform PumpFun is in second place. The recent launch of U.S. President Donald Trump's official meme coin 'OfficialTrump' on the Solana (SOL) platform has sparked a lot of interest, leading to increased searches for PumpFun. PumpFun makes it easy to create and trade Solana-based meme coins.

Layer 2 Blast followed. Blast announced the launch of Blast Mobile today (24th) via X. Blast Mobile offers an annual yield of over 50%, attracting investor attention. Profits are paid in BLAST.

President Trump's meme coin 'OfficialTrump' was in fourth place. Since its issuance on the 17th, OfficialTrump has become a hot topic in the crypto market. It went up over 40,000% from its initial price (0.18 USD) upon Binance listing, reaching $77 during the day. At the moment, OfficialTrump is trading at around $34, down approximately 8.7% from the previous day.

The meme coin FartCoin is ranked fifth. News that approximately $25 million worth of FartCoin was sold through the virtual asset wallet owned by the AI agent 'Terminal of Truth' led to a roughly 15% drop. FartCoin, which surpassed $2.2 on the 20th, has since turned downward, falling to the $1.4 range.

Investors are also showing interest in Ripple, Thorchain (RUNE), Gyro (XYRO), FOMO, and Tether (USDT).

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Other articles published on Jan 25, 2025