Trump’s Bitcoin Reserve Plan and JetBolt’s (JBOLT) Presale Surge: A Shakeup in the Crypto World

With Bitcoin (BTC) continuing to dominate headlines with Donald Trump reiterating plans for a U.S. Bitcoin reserve, BTC’s climb toward $110,000 keeps the market on edge.

Fresh off the press: Bitcoin (BTC) price🆙⬆️ skyrocketed to a new all-time high (ATH) of $108,268.45 on Monday, March 27, at 01:02 (UTC), as per data from CoinMarketCap.

BTC price⬆️ now hovers around $106,433.67 at the time of writing, showcasing a 0.97% gain in the past 24 hours and a 1.37% increase over the week.

Bitcoin price has surged over 157% year-to-date, as institutional adoption and robust demand for Bitcoin exchange-traded funds (ETFs) continue to drive BTC prices higher.

In relation, Bitcoin ETFs now hold over 1.13 million BTC, valued at $121.83 billion, with last week alone seeing inflows of $2.167 billion.

Meanwhile, technical indicators, including the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI), suggest Bitcoin price has room to grow, with immediate support at $103,000 and resistance at $111,500.

Crypto analysts remain optimistic about BTC breaking $120,000 in early 2025, thanks to technical indicators and institutional interest. Some are even projecting up to $150,000 and $200,000 by the end of the year.

However, it's crucial to note that cryptocurrencies are inherently volatile and unpredictable, so staying informed and making informed decisions is always paramount.

Trump's Bold Reiteration of Bitcoin Reserve Plan Sends Crypto World abuzz

President-elect Donald Trump has once again reignited excitement in the crypto space with his reiterated plan to establish a U.S. Bitcoin reserve.

If implemented, this move could position the U.S. as a leader in digital assets while transforming its financial strategy.

The plan involves the government acquiring up to 5% of Bitcoin’s total supply, a move that supporters like MicroStrategy’s Michael Saylor believe could drive BTC prices sky-high.

However, skeptics warn of risks, including market volatility and geopolitical concerns.

On the other hand, Bitcoin fans are predicting a monumental surge to $50,000 if the US establishes a strategic BTC reserve, which could trigger global demand and possibly make Bitcoin 2024’s rally look tame.

Bitcoin Archive shares Bitwise CIO’s prediction on an X post

Bitcoin price⬆️ is currently trading at $106,433.67 after reaching a new all-time high of $108,268.45 just a few hours ago. Year-to-date, BTC has surged over 157%, driven by institutional adoption and robust demand from ETFs. In relation, Bitcoin ETFs now manage over 1.13 million BTC worth $121.83 billion, with last week alone seeing inflows of $2.167 billion.

Meanwhile, technical indicators, including the MACD and RSI, suggest Bitcoin has room to grow, with immediate support at $103,000 and resistance at $111,500. Thanks to Bitcoin’s recent price movements, crypto analysts remain optimistic about BTC breaking $120,000 in early 2025, with some even projecting up to $150,000 and $200,000 by the end of the year.

Trump’s bold reiteration of a Bitcoin reserve plan has set the crypto world buzzing, with experts predicting BTC’s price could soar to unprecedented highs. However, its feasibility remains uncertain as discussions continue.

Simultaneously, JetBolt (JBOLT) is stealing the spotlight, with its groundbreaking zero-gas technology and presale success that has whales moving quickly to secure their piece of the JetBolt action.

Bitcoin price⬆️ poised for new heights as Donald Trump unveils plan for U.S. Bitcoin reserve

Fresh off the press: Bitcoin (BTC) price⬆️🆙 surged to a new all-time high (ATH) of $108,268.45 on Monday, March 27, at 01:02 (UTC), as per data from CoinMarketCap.

BTC price⬆️ now hovers around $106,433.67 at the time of writing, showcasing a 0.97% gain in the past 24 hours and a 1.37% increase over the week.

Bitcoin price has surged over 157% year-to-date, as institutional adoption and robust demand for Bitcoin exchange-traded funds (ETFs) continue to drive BTC prices higher.

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