Bitcoin recently broke past the $102K mark, a significant milestone as it surpassed the crucial resistance level around $99.3K. This breakout has sparked excitement within the crypto community, especially with the imminent inauguration of the U.S. President-elect, who is known for promoting Bitcoin and digital assets.
The positive sentiment surrounding this political shift has contributed to the bullish trends noted in altcoins and rising stablecoins. Altcoins have also mirrored this upward trajectory, signaling a broader optimistic outlook for the cryptocurrency market heading into 2025.