Trump Administration Sparks Bitcoin, Ethereum and Solana Surge with Stablecoin Payment Act

Bitcoin, Ethereum, and Solana are booming as the new Trump administration proposes the Stablecoin Payment Act to give crypto more credibility in mainstream finance. This policy change has produced optimism in the industry, boosting crypto values and investor confidence. Bitcoin had crossed $89,000 with Solana and Ethereum also seeing massive gains. Meanwhile, Rollblock is performing [...]

Nov 14, 2024 - 15:01
 0
Trump Administration Sparks Bitcoin, Ethereum and Solana Surge with Stablecoin Payment Act

Bitcoin, Ethereum, and Solana are booming as the new Trump administration proposes the Stablecoin Payment Act to give crypto more credibility in mainstream finance. This policy change has produced optimism in the industry, boosting crypto values and investor confidence. Bitcoin had crossed $89,000 with Solana and Ethereum also seeing massive gains. Meanwhile, Rollblock is performing strongly in its crypto presale, raising over $5 million as analysts predict further gains amid this market rally.

Bitcoin Nears Historic $90,000 Milestone as Bull Market Strengthens

Bitcoin climbed to $89,000 before easing back to $88,600. The number 1 crypto is up 9.4% in 24 hours and 29.6% in 7 days. The Bitcoin rally heated up during U.S. election week and hastened right after Donald Trump announced victory.

Some crypto experts expressed their concerns about Bitcoin’s bullish trajectory. Morph co-founder Azeem Khan said Bitcoin having exceeded $85,000 has produced a market “euphoria.” He advised caution, saying traders might wait on further Bitcoin purchases because of a possible correction ahead.

Ethereum Eyes $4,000 Once Again – Can It Reach New All-Time Highs?

Ethereum has risen to the occasion with a 30% growth in the present Bitcoin rally and showing no signs of decelerating. Ethereum crossed $4,000 earlier this year, triggering speculation that a new all-time high was coming. However, Ethereum dipped to below $2,300 on a downturn, raising questions about its trajectory. Nevertheless, Ethereum’s recovery to $3,100 further shows the attractiveness of its ecosystem—from smart contracts to distributed applications—despite industry turmoil.

Predictions for Ethereum’s price in 2025 look promising. With an average prediction of about $3,758 and several experts, like Huobi Research, expecting a positive price trend to $4,000, Ethereum might drive nearer to its all-time high resistance of $4,863. But getting to this milestone will probably include Ethereum addressing its familiar issues. Gas fees and scalability issues keep Ethereum vulnerable to rival networks with faster and cheaper alternatives.

Potential Impact of the Trump Administration on Solana’s Growth

Solana is trading for $213.94, up 4.3% within the past twenty-four hours along with a massive 30.9% in the last week. The latest surge has again drawn new market attention, as Solana is now well above the $200 hurdle. 

Solana’s recent price movement satisfies the Elliott Wave theory that momentum may continue in case it holds support at $175.65 to $182.40. To break the $216 resistance would enable it to test its earlier high of $260 and potentially set Solana up for a $400 rally. However, a drop below $148.69 could threaten the bullish momentum, underscoring the importance of maintaining these support levels for Solana’s upward trajectory.

Rollblock’s Bullish Forecast: Q4 Growth and Projected 100x Gains in 2025

Rollblock is transforming online gambling through its Play-to-Earn GambleFi model, which merges traditional and decentralized gaming elements. This unique setup is built on a robust blockchain-backed infrastructure, ensuring that every transaction is transparent and secure. Offering over 7,000 games—from crowd favorites like poker and roulette to innovative blockchain-only options—Rollblock has drawn significant attention. By 2025, the platform plans to add sports betting, which will further diversify its offerings and attract more users.

One major advantage is Rollblock’s global accessibility. Operating with a Curacao eGaming license, the platform is accessible across numerous regions, which has driven demand for its native token, RBLK. Unlike many platforms, Rollblock is accessible directly from any browser without additional software or downloads, streamlining user engagement and making it an ideal entry point for newcomers.

For investors, Rollblock offers a revenue-sharing model: up to 30% of weekly profits are used for $RBLK buybacks, half of which are burned to increase scarcity, while the rest is distributed to stakers. This approach supports long-term value for RBLK holders. Currently priced at $0.035 in its presale’s eighth phase, Rollblock’s projected 100x gains and 800% rally by Q4 have attracted over 20,000 users, positioning it as a standout in the GambleFi space.

There is currently a 50% bonus running on all new RBLK purchases over the next week, meaning there may never be a better time to get involved with the future of gambling. 

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

CryptoFortress Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.