Bitcoin Price Today Breaks $100K Barrier Amid Stablecoin Surge
Sohrab Khawas7 Jan 20253 min read
Bitcoin has finally surged past the $100,000 mark, breaking a crucial resistance level of $99.3K for the first time in 2025. This milestone comes as U.S. President-elect Donald Trump Donald Trump Donald J. Trump is a US-based business tycoon, pro-crypto politician, and 47th (present) President of the United States. He comprehends the significance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto politician. Once doubtful about Bitcoin's dominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his pool. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency. Quick Facts Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Famous For Business, Politics Donald Trump - Career Highlights & Events 2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Slammed crypto king Bitcoin on X, calls it "not money". 2025 – A gala party was hosted by him for the top 220 Trump meme coin holders. President prepares for his inauguration, with his administration strongly backing Bitcoin and other digital assets.
The crypto market is buzzing with optimism, signaling bullish momentum in the near future.
Stablecoin Supply Jumps: Whales on the Move?
On-chain data from Coinglass highlights a steady rise in the supply of major stablecoins like Tether (USDT), Circle’s USDC, and FDUSD. This trend points to growing purchasing power, particularly from whale traders preparing to enter the market.
USDC Growth: USDC supply on centralized exchanges has risen by nearly $1 billion since December 26, 2024, reaching $4.48 billion as of now.
USDT Surge: The supply of USDT-Ether has jumped from $21 billion on November 5, 2024, to over $38 billion today.
FDUSD Deposits: Over $50 million worth of FDUSD was deposited to Binance in the past 24 hours, likely by whales eyeing the recent dip in crypto prices.
Altseason Ahead?
Bitcoin dominance is showing signs of a major shift, forming a reversal pattern after being confined to a rising channel for the last two years. Meanwhile, the TOTAL2 and TOTAL3 market caps, which track the performance of altcoins, are climbing steadily.
This comes after pro-crypto leaders achieved significant victories in the U.S., adding to the market’s bullish sentiment.
Top-tier altcoins like Chainlink (LINK), XRP, Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE) are already showing strong bullish trends. Analysts predict these assets could be gearing up for a parabolic rally in the near term.
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The future of Bitcoin and digital assets looks brighter than ever, as this year’s momentum continues to build.
FAQs
- Bitcoin’s recent rise is driven by the breakout above $100K and growing bullish sentiment due to US policies supporting digital assets.
