This story has been updated to include premarket price movements. MicroStrategy Inc. (NASDAQ:MSTR) shares dropped 3.43% in Tuesday premarket, falling to $382.90 as cryptocurrency markets reacted to President Donald Trump‘s inauguration speech that notably omitted any mention of digital assets.
MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.
This means that a conservative view is for Bitcoin to rise almost 900% to reach gold's market cap. But it's reasonable to expect the digital asset's price to increase even more over time. That makes buying Bitcoin while it's at $95,000 a once-in-a-decade opportunity.
The bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could bring a cryptocurrency policy blitz in 2025.
Bitcoin ( BTC -0.30%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH -0.29%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE -5.53%) is up 7.3%.
Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.
Some issues never truly go away, and the U.S. debt ceiling, which limits the maximum amount the government can borrow, is one of them. It's back
January 2025 marked the first anniversary of U.S Spot Bitcoin [BTC] ETFs. This groundbreaking development revolutionized both the cryptocurrency landscape and traditional finance. Approved by the U.S.
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
Bitcoin had a remarkable 2024. It broke the $100,000 mark for the first time ever and went a little over $108,000. The approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and