empty
21.01.2025 10:31 AM
Trump evades cryptocurrencies in his inaugural speech

The cryptocurrency market experienced a notable correction following Donald Trump's inauguration yesterday. Whether the new president intentionally avoided mentioning blockchain technologies in his inaugural address is an intriguing question. Nevertheless, his investment fund, World Liberty Financial, continued actively acquiring various cryptocurrency assets.

Ethereum (ETH) is the largest token by weight in the portfolio of the Trump family's crypto project, World Liberty Financial, accounting for 58% of the total assets. According to leading crypto industry analysts, apart from BTC, Trump's project is also actively purchasing LINK, AAVE, and ONDO, making these altcoins worth closer attention.

This image is no longer relevant

Additionally, the likelihood of creating a BTC reserve in the US by 2025 has surged sharply on the Kalshi platform, where participants currently estimate the probability at 62%. Similar expectations were noted earlier on Polymarket. Currently, bills proposing the creation of a strategic BTC reserve have been introduced in 10 US states.

Previously, widespread speculation suggested that Trump would announce plans to establish a strategic crypto reserve during his inaugural speech on January 20. However, as noted above, this did not happen. A bill proposing the creation of a BTC reserve has already been submitted to Congress for a vote, and its approval could become a major trigger for cryptocurrency market growth.

Strategic BTC reserve: potential game-changer

The increased discussion surrounding crypto reserves and the government's support for such initiatives could dramatically alter the investment landscape. Introducing the BTC reserve legislation could not only boost confidence in cryptocurrencies but also open new opportunities for their integration into the national financial system.

If the bill is passed, it may attract substantial capital inflows into the market, leading to more stable and predictable conditions for traders and investors. Furthermore, establishing a strategic reserve could play a crucial role in developing new standards and regulatory norms for the crypto industry.

Successful implementation of these legislative initiatives could lead to the creation of effective management mechanisms, ensuring clear oversight of digital currency circulation. This would address concerns regarding the market's volatility and uncertainty.

This image is no longer relevant

Technical analysis: Bitcoin

Bitcoin (BTC) repeatedly tested the $103,200 level today. Breaking through this threshold would pave the way to $104,600, with $105,800 as the next significant target. The ultimate goal in a bullish scenario would be a return to the medium-term uptrend with a peak near $107,000.

In case of a correction, buyers are expected to emerge around $100,900. A drop below this level could quickly push BTC toward $99,400, with subsequent targets at $97,900 and, ultimately, $94,400.

This image is no longer relevant

Technical analysis: Ethereum

For Ethereum (ETH), consolidation above $3,264 would open the path to $3,332, followed by $3,424. The ultimate bullish target would be the yearly high near $3,480, signaling a return to the medium-term uptrend.

In case of a correction, buyers are anticipated around $3,196. Falling below this area could pull ETH down to $3,123, with further potential declines to $3,056 and, ultimately, $2,999.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading tips for crypto market on May 20 (North American session)

Bitcoin and Ether performed well today in terms of buying following a pause in yesterday's bear market. Demand has returned to the cryptocurrency market, especially after geopolitical tensions eased somewhat

Miroslaw Bawulski 16:20 2025-06-20 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 20

Bitcoin continued trading within a sideways channel, dropping to the $104,000 area yesterday before recovering to a more acceptable level of $104,500. Ethereum also showed no clear directional movement. Despite

Miroslaw Bawulski 09:24 2025-06-20 UTC+2

Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday June 20, 2025.

The Ripple cryptocurrency on its 4-hour chart appears to be moving in a ranging - sideways condition where it is currently stuck at the Support Bullish Rejection Block area level

Arief Makmur 07:45 2025-06-20 UTC+2

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday June 20, 2025.

From what is seen on the 4-hour chart, the Doge cryptocurrency appears to be moving under a Bearish bias, where this can be seen from its price movement which

Arief Makmur 07:45 2025-06-20 UTC+2

BTC/USD Analysis on June 19, 2025

The wave pattern on the 4-hour BTC/USD chart has become more complex in recent months. A corrective downward structure formed and completed near the $75,000 level. After that, a fairly

Chin Zhao 11:07 2025-06-19 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 19

Yesterday, Bitcoin and Ethereum remained under pressure, failing to receive support from major players despite attempts to break through key resistance levels. After dipping to around $130,400, Bitcoin is currently

Miroslaw Bawulski 08:36 2025-06-19 UTC+2

Wave analysis of BTC/USD on June 18. Bitcoin to clear up its overall impulse

The wave pattern on the 4-hour chart of BTC/USD has become more complicated in recent months. We observed a corrective downward structure that completed near the $75,000 mark. After that

Chin Zhao 15:34 2025-06-18 UTC+2

Middle East Tensions and U.S. Involvement Trigger Crypto Market Sell-Off

Bitcoin came under significant pressure yesterday following the escalation of tensions in the Middle East. The likelihood of U.S. involvement in a military conflict has increased significantly, which puts pressure

Jakub Novak 11:41 2025-06-18 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 18

Bitcoin and Ethereum plunged following the latest escalation in the Middle East and the increasing likelihood that the United States will be drawn into the conflict. Bitcoin dropped from $107,600

Miroslaw Bawulski 09:46 2025-06-18 UTC+2

JPMorgan Chase & Co. plans to launch its own stablecoin

JPMorgan Chase & Co., the largest US bank by assets and market capitalization, has filed a trademark application for what appears to be a new blockchain-based asset called JPMD, sparking

Jakub Novak 11:25 2025-06-17 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.