#ThanksgivingBTCMoves 10 Red Packets | NiN-Crypto on Binance Square

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10 Red Packets

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BTC at $180K, ETH to $6K, and More: Here’s Top Crypto Predictions for 2025. The crypto market has been on a bullish streak in the last quarter of this year, thanks to Donald Trump’s recent victory in the United States presidential election. American investment management firm VanEck has shared ten predictions that could raise the crypto market’s valuation in the coming year. Bullish Crypto Predictions. VanEck’s first prediction focused on leading assets that would experience meteoric price growth next year. For example, BTC would attain $180,000, ETH would cross $6,000, SOL would surpass $500, and SUI would exceed $10. The firm’s next prediction showed factors that could drive some of these price projections. With Trump’s bullish stance, VanEck expects the U.S. to adopt Bitcoin as a strategic reserve. Following Trump’s selection of a crypto-friendly chairman for the U.S. Securities and Exchange Commission (SEC), applications for multiple crypto exchange-traded products (ETPs) will likely be approved. Additionally, Ethereum ETPs will feature staking, a function restricted under the Joe Biden administration. Highlighting another factor that could aid BTC’s price growth, VanEck stated in another prediction that Bitcoin-based layer-2 networks will reach 100,000 BTC in total value locked (TVL). If this speculation comes true, it would be a 600% surge from this year’s TVL record. The completion of the Ethereum Dencun upgrade from earlier this year allowed for increased blob activity. VanEck predicted that the Ethereum blob space will garner $1 billion in fees as more L2 rollups and “high-fee use cases” come to the limelight. The stablecoin market has a daily traded volume of around $100 billion. VanEck projects this value to soar to as high as $300 billion by the end of next year. The firm explained that “this surge will be driven by adoption in global commerce, remittances, and integration with major tech and payment networks. #Predictionexpert

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Bitcoin’s price movements over the weekend culminated in a rally that pushed the asset to a new all-time high of $106,500, but it has dropped by around two grand since then. Most altcoins are slightly sluggish on a daily scale, aside from LINK, SUI, and AAVE, all of which have registered impressive gains. BTC’s Latest Peak After the two price drops at the start of the previous business week, both of which pushed BTC south to $94,400, the cryptocurrency went on the offensive and spiked to roughly $100,000 by Thursday. Following some uncertainty at that level, the asset flew past it on Friday and hasn’t really looked back since. It hovered around $102,000 during the weekend, and after a few unsuccessful breakout attempts, it managed to push above it during the early morning Asian trading session. Perhaps fueled by some positive comments from Donald Trump and the growing number of whale wallets, BTC skyrocketed to a new all-time high of $106,500 (on Bitstamp). Nevertheless, it has lost some steam since then and now sits around two grand lower. Its market capitalization is up to $2.070 trillion on CoinGecko, while its dominance over the altcoins is close to 54%. SUI Sees New High Most larger-cap alts have posted either small gains or insignificant losses over the past day. ETH is slightly in the green, trading above $3,900, while XRP, SOL, BNB, DOGE, ADA, TRX, and AVAX have declined by about 1-2% each. In contrast, LINK and AAVE have emerged among the top performers, surging by 4% and 5%, respectively. SUI has jumped by over 6% and sits above $4.7. Moreover, it tapped a fresh all-time high as well hours ago at over $4.9, according to CoinGecko data. The total crypto market cap has added around $80 billion since yesterday and is up to $3.850 trillion on CG.

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Bitcoin’s price went to a new multi-week high of just under $103,000 but was stopped there and pushed south by around a grand. The altcoins have performed a lot worse on a 24-hour scale, resulting in a growing BTC dominance. BTC Dominance Increases Monday and Tuesday saw a few violent price rejections for the primary cryptocurrency, which was driven to $94,400 on a couple of occasions during those days. However, the bulls managed to prevail and propelled a few leg-ups that helped BTC recover all losses and were quick to challenge the six-digit entry territory by Thursday. In fact, bitcoin indeed broke through that level and spiked to $102,000 on Friday and Saturday. It was stopped there at first but the bulls drove it even further hours ago to just under $103,000. Nevertheless, it couldn’t penetrate that line and now sits beneath $102,000. Nevertheless, its market capitalization continues to see new local peaks and sits well above $2 trillion. BTC’s dominance over the altcoins is also on the rise. The metric has jumped to over 53% on CG after dropping to 52.5% yesterday. #BTC☀

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XRP, BNB on the Rise Most larger-cap alts are with minor gains today. ETH has reclaimed $3,900 after a slight 1% increase. SOL, DOGE, ADA, AVAX, and SHIB have marked similar gains. Binance Coin is up by 3% and trades above $725. XRP has stolen the show from the larger caps, having surged by 6%. It even tapped $2.5 earlier today but has retraced slightly since then. LINK, XLM, and TRX are the other notable gainers. The cumulative market capitalization of all crypto assets still sits above $3.8 trillion after a 1% increase in the past 24 hours. #XRPGoal #BNBAnalysis

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How to read Ripple (XRP) Charts? XRP is a digital asset traded on multiple cryptocurrency exchanges, and as such, it’s critical for anyone following its performance to be able to read its price charts accurately. Most charts will use Japanese candlesticks, which provide a simple to understand representation of the price action for a certain time frame. Depending on your preferred setting, each candle can represent a second, a minute, an hour, a day, a week, and so forth for up to a few years. Each candle also provides critical information, including, but not limited to, the opening price, the current price, the closing price, and the highest and the lowest point the price has reached within the candle’s time frame. Some trading tools also provide additional information such as the amplitude and more. You can add more instruments to the chart, including moving averages, Fibonacci levels, etc. What affects the price of Ripple (XRP)? XRP, the native token of the Ripple blockchain, stands as one of the most widely recognized and utilized digital currencies in the market. Although inherently different than traditional stock, XRP’s price is greatly influenced by news related to and relevant to Ripple Labs (the company’s legal name). Good news tends to help XRP’s price increase, while bad news usually leads to declines. The dynamics of the broader market can also play a role. For example, during crypto bull markets, XRP’s price might also be positively impacted because general market positivity tends to lead to increased investments in the sector as a whole and vice-versa. What are Ripple (XRP) price predictions based on? The primary purpose of XRP price predictions is to accurately pinpoint the direction in which the cryptocurrency will take some time in the future. While the time frame varies, the premise is the same. Analysts use several data points to try and predict the price, although price predictions, in general, always carry a lot of uncertainty. #XRPGoal

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