Bitcoin (BTC) and Ethereum (ETH) rose on Thursday, reversing initial losses after the Federal Reserve held interest rates steady and reiterated concerns about inflation. Bitcoin climbed 2.6% in early trading to trade above $105,
Bitcoin’s market dominance is fueled by strong ETF inflows, political backing, and Ethereum’s continued underperformance.
A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction.
Ethereum maintains price levels above $3,100 as exchange reserves hit multi-year lows, creating a potential supply squeeze despite mixed technical signals and relative weakness against Bitcoin.
Standard Chartered placed its forecast for bitcoin at $200,000 for the end of 2025, while global investment manager VanEck believes the first quarter of the year might see bitcoin reaching a high of $180,000. Others like Bernstein estimate that the world’s largest cryptocurrency will scale $200,000 later this year.
A notable development adding to market interest has been the involvement of Trump-affiliated World Liberty Financial (WLF). The decentralized finance project made headlines in December 2024 by purchasing 722 ETH, valued at approximately $2.5 million at current market prices.
Donald Trump’s most recent cryptocurrency moves reveal a more substantial alignment with Ethereum rather than Bitcoin.
As Bitcoin continues to chart new highs on the back of institutional adoption, demand for DeFi services is expected to grow.
That's not confirmed, but it's the fear of the market today and fear and uncertainty aren't things the market likes. Tech has fueled a lot of the market's gains over the past two years so it's no surprise it will fuel its fall as well.
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The $20M investment from Rollman will drive the advancement of Elastos technologies and also help Elastos reorient its branding, mature its technological stance, and go to market. This includes enhancing marketing efforts, which will further position Elastos as a leader in the growing Bitcoin-native DeFi space.
People gravitated towards a decentralized economy because the idea was to keep their transactions private. As a result, no-KYC crypto wallets, such as MetaMask have continued to generate traction among the masses.