Market Jumps For Trump
Weekly Recap: BTC and XRP surge as the market gets excited about Trump, while Sony launches their L2.
Sponsor: Frax — Fraxtal Ecosystem: Where DeFi Meets AI.
After dropping as low as $89k on Monday, Bitcoin closed out the week above $105k, marking its highest price in 2025 and positioning it just 3% below its all-time high of $108k.
A mix of strong spot ETF inflows—amounting to $1.3B over two days—plus anticipation for pro-crypto policies under President-elect Donald Trump drove the gains, landing BTC up ~10% on the week overall.
Subscribe for free to continue reading
- Support the Bankless Movement
- Access to thousands of articles
- Complete archive of Bankless episodes
- Embark on free quests in Airdrop Hunter
- Daily alpha in your inbox
Already subscribed? Sign in
Bankless
It’s time to break up with your bank, and join the movement for a better world.
