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TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
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Crypto Update: BTC Reaches $97K, DOGE and XRP Surge as SEC Targets Musk Before Trump’s Inauguration

Emily Hayes
Emily Hayes

Emily Hayes

Emily is a blockchain enthusiast and cryptocurrency analyst who has...

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Emily Hayes

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Bitcoin climbed to an unprecedented $97,000 as altcoins like Dogecoin (DOGE) and XRP followed with notable gains. Market momentum surged despite the looming SEC lawsuit against Elon Musk, a move linked to allegations of crypto market manipulation. The developments coincide with anticipation for the Trump Inauguration, adding political tension to financial markets.

Traders view the Bitcoin rally as a potential safe haven amidst regulatory uncertainty. Meanwhile, the SEC’s action against Musk has raised concerns over the influence of high-profile figures on cryptocurrency markets. Altcoins mirrored Bitcoin’s rise, with DOGE gaining 12% and XRP climbing 8%, reinforcing optimism among crypto enthusiasts. However, the intertwining of politics and regulation presents a volatile backdrop for the coming weeks.

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