The cryptocurrency market seems to be regenerating some steam. Bitcoin (BTC) has reclaimed the $100,000 mark. The global crypto market cap has surged by 3.8% in the last 24 hours to $3.81 trillion.
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Why Will The Crypto Market Surge?
US President-elect Donald Trump’s inauguration will occur on Jan. 20, 2025. Many anticipate the cryptocurrency market will take off under Trump’s leadership due to his pro-crypto and pro-business stance.
Source: Watcher Guru
Trump has already named a new SEC chair and a White House crypto czar. Both developments may lead to an extended bull run under Trump’s leadership.
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Top 3 Cryptocurrencies That May Surge Before 2025 Starts
1. Bitcoin (BTC)
Source: Watcher Guru
Bitcoin (BTC) is the market leader and will likely move before other assets do. The original cryptocurrency has hit multiple peaks this year. The asset recently breached the $100,000 mark, a significant milestone in the industry’s history.
According to CoinCodex, BTC will continue to rally over the next few weeks. The platform anticipates the asset to trade at $116,133 on Dec. 31, 2024. Hitting $116,133 from current price levels will entail a rally of about 15.39%.
Source: CoinCodex
2. Binance Coin (BNB)
Source: Watcher Guru
Binance’s BNB token has also displayed incredible growth over this year. The asset recently hit an all-time high of $788.84 on Dec. 4, 2024.
CoinCodex paints a bullish picture for the sixth-largest cryptocurrency by market cap. The platform anticipates BNB to hit $829.84 on Dec. 25, 2024. Hitting $829.84 from current price levels will entail a rally of about 15.7%.
Source: CoinCodex
3. Solana (SOL)
Source: Watcher Guru
Solana (SOL) is another cryptocurrency that has displayed incredible performance this year. The asset fell below $10 after the collapse of FTX in November 2022. Since its 2022 lows, SOL has reclaimed the $200 mark.
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According to CoinCodex, SOL could surge to $244.92 on Dec. 31, 2024. Hitting $244.92 from current price levels will translate to a rally of about 6.56%.
Source: CoinCodex
