Bitcoin (BTC), XRP, and VTARD Make Headlines as the Crypto Market Resurges on Donald Trump's Reelection

three tokens—Bitcoin (BTC), XRP, and VTARD—are making headlines with impressive price movements and strong investor interest.

Markets We're doomed if Bitcoin doesn’t hit $100K, Alaskan oil project gets greenlit, and new meme coin index fund gains steam

Bitcoin (BTC) price movements are setting the tone in the crypto market once again as the new week begins. While the flagship crypto is showing signs of a potential pullback, XRP (XRP) is making headlines with a bullish breakout. Plus, a new meme coin index fund is gaining attention in its presale.

Bitcoin price movements are at the forefront of market attention again this week. While the flagship crypto is showing signs of a potential pullback, XRP (XRP) is making headlines with a bullish breakout. Additionally, a new meme coin index fund is garnering interest in its presale.

Bitcoin price movements suggest a potential pullback

Bitcoin has been performing bullishly, especially in the wake of the US election. After surging past $93,000, Bitcoin price movements saw a slight dip to its current price of around $88,100.

Federal Reserve Chairman Jerome Powell’s hawkish comments, suggesting that rate cuts will be slower than previously anticipated, add weight to the bearish sentiment.

As the overall sentiment shifts toward caution, market participants are starting to bet on a potential pullback. However, a large contingent of market analysts still expects Bitcoin (BTC) to reach the $100,000 mark in the long run.

Let’s be honest; no asset goes up in a straight line forever and volatility is set to stay high, so it wouldn’t be a surprise to see bitcoin take a breather at some point. Even so, it’s hard to look past the possibility of bitcoin reaching the illustrious $100,000 by year end.

— Josh Gilbert (@JoshGilbert_) November 14, 2024

The next few weeks will be crucial for Bitcoin as the market watches how the implied volatility dynamics and broader economic factors, including interest rates, play out.

If BTC can break past its resistance levels, a surge towards the $100,000 mark could still be possible. But the increasing pressure on altcoins and BTC’s inability to secure a solid position above $90,000 points to a potential correction in the short term.

XRP breakout ignites bullish momentum

XRP has emerged as one of the top performers in the crypto market, gaining nearly 15% and reaching the $0.80 mark in a remarkable rally.

This XRP price surge comes after a long-awaited breakout from a descending triangle pattern that had constrained the token for over three years.

This $XRP breakout of the 3-yr downtrend means one thing

Massive rally incoming pic.twitter.com/RUwFuPDVM2

— Mikybull 🐂Crypto (@MikybullCrypto) November 14, 2024

On November 12, XRP broke through the $0.58 resistance level, triggering a wave of buying that saw its price surge by 40% in a short period. The rally was further bolstered by the news that SEC Chairman Gary Gensler may resign, fueling optimism that regulatory pressures on Ripple and XRP could ease.

The key resistance level at $0.7611 was also broken, with XRP managing to retest this level and continue its climb.

Currently, the next significant resistance lies at $0.9368, and if XRP surpasses this, the next target could be as high as $1.35—a potential 68% gain from its current price.

The positive technical outlook, combined with regulatory optimism, has ignited strong investor interest in XRP, making it a standout in an otherwise mixed market.

However, while the bullish momentum is undeniable, broader market conditions and regulatory shifts will continue to influence XRP’s trajectory.

If the positive news surrounding Ripple’s legal battle with the SEC continues to unfold favorably, XRP could see further gains, but volatility remains a constant factor in the crypto space.

Vantard, a Meme Coin Index Fund gains traction in presale

Vantard, the latest entrant to the meme coin market, has garnered significant attention due to its innovative concept: a Meme Index Fund that captures the top meme coins of the current cycle. The index fund is designed to give investors exposure to the explosive potential of meme coins without requiring active trading.

As it prepares to officially launch its platform, Vantard has already raised over $826,874 in its ongoing presale, with the current price of its native token, VTARD, set at $0.00014 per token.

Notably, as the presale progresses, the price is set to increase to $0.00015 in the next stage and continue rising to $0.00019 in the final presale stage.