Bitcoin (BTC) Surges 10% as President-elect Donald Trump Prioritizes Crypto-Related Policies

The cryptocurrency's latest surge comes on the heels of multiple reports suggesting that President-elect Donald Trump will sign executive orders

Bitcoin price surged another 4% on Friday, continuing its remarkable rally in 2025. The world’s largest cryptocurrency now trades above $104,800 on Binance.

Bitcoin’s latest surge comes as multiple reports suggest that President-elect Donald Trump will sign executive orders prioritizing crypto-related policies shortly after taking office on January 20.

With Bitcoin already up nearly 10% in 2025, following a 120% gain in 2024, many are wondering if this momentum could push the flagship digital asset to fresh all-time highs.

Bitcoin price eyes new record highs as Trump set to prioritize crypto in first 100 days

Bitcoin price soared another 4% on Friday, continuing its remarkable rally in 2025. The world’s largest cryptocurrency now trades above $104,800 on Binance.

This latest surge comes on the heels of multiple reports suggesting that President-elect Donald Trump will sign executive orders prioritizing crypto-related policies shortly after taking office on January 20.

With Bitcoin already up nearly 10% in 2025, following a 120% gain in 2024, many are wondering if this momentum could push the flagship digital asset to fresh all-time highs.

Bitcoin price rallies towards $108K, smaller-cap cryptos explode

Bitcoin price continues to rally as the cryptocurrency community awaits the inauguration of President-elect Donald Trump, who has promised to make the United States a global crypto hub.

After surging past the $100,000 mark earlier this week, Bitcoin price is now eyeing its all-time high, which is set at $108,372.55 on Binance. جالب طور پر, smaller-cap cryptocurrencies like Litecoin (LTC) are rallying rapidly as well.

Cryptocurrency markets have largely outperformed traditional assets in recent months, with Bitcoin price rallying more than 10% in 2025, following a 120% gain in 2024.LTC price surged another 15% on Friday, bringing its gains over the past two days to over 20%. The Litecoin community is also preparing for the upcoming halving, which is expected to occur in August.

Meanwhile, XRP price is up roughly 6% on the day and continues to trade above $1.50. The cryptocurrency community is also awaiting the verdict in the ongoing Securities and Exchange Commission (SEC) case against Ripple Labs, which is expected later this year.

Cryptocurrency community to host ‘Inaugural Crypto Ball’

The cryptocurrency community is planning to host an “Inaugural Crypto Ball” to welcome the new administration and encourage follow-through on campaign pledges.

An invitation for the event was posted on Thursday, March 16. The ball will be held at the Mandarin Oriental Hotel in Washington, D.C., on January 20, the day of Trump’s inauguration.

The invitation reads: “Join us for an unforgettable evening as we celebrate the inauguration of a new administration and cryptocurrency community members who helped make it happen. Come dressed in your finest attire and dance the night away.”

The event will feature prominent figures from the cryptocurrency industry, politics, and entertainment. Attendees can expect to hear speeches, network with like-minded individuals, and enjoy live music performances.

The crypto ball aims to foster a positive dialogue between the new administration and the cryptocurrency community. It will also serve as a platform to highlight the importance of digital assets and their potential to contribute to the U.S. economy.