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Bitcoin, Dogecoin, and… – Top cryptos to buy under Trump’s new presidency
As the newly sworn-in U.S. President Donald Trump assumes office once again, the cryptocurrency market is abuzz with speculation about the potential implications of his presidency on the sector. With regulatory clarity already in place, it appears that the crypto space has a golden opportunity to grow further.
One of the most significant points made by Trump during his previous tenure was the emphasis on stock prices and America’s growth. Given his history of using this narrative, there is no reason why he wouldn’t continue this trend under his new presidency. As such, it is crucial for investors to keep a close eye on market developments that align with his statements.
Bitcoin (BTC) Price Prediction 2024-25
In terms of the cryptocurrency market itself, several factors could contribute to further growth. The range formation following the rallies at the end of previous cycles was highlighted in the chart. It is essential to note that the breakout in early 2024 and subsequent retracement had a relatively comparable age.
The breakout in early 2024 and retracement were somewhat similar to the February 2021 rally towards $0.088, which saw a massive 1,400% surge in six weeks. Although it may not be possible for Dogecoin (DOGE) to replicate this performance, a similar 1,400% surge would take DOGE to $1.334.
The possibilities of a game-changing scenario are immense if Elon Musk’s tweets or capital rotation from BTC to top-performing altcoins towards the end of the cycle materialize.
Overall, both Bitcoin (BTC) and Dogecoin (DOGE) have significant potential for growth in this market environment.
Source: ambcrypto.com
