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Bitcoin’s $100K milestone and JetBolt’s presale success are stirring excitement across the crypto community. Bitcoin (BTC) now boasts a $2 trillion market cap and has overtaken gold ETFs in assets under management—a remarkable shift in dominance.
Despite a brief drop below $100K caused by rate concerns, Bitcoin’s recovery to $102,000 highlights its resilience. Meanwhile, JetBolt (JBOLT) has sold 200 million tokens in its presale, attracting attention with zero gas fees and SocialFi-driven staking rewards. Built on Skale’s blockchain, JetBolt is making its mark among the hottest new altcoins. These developments showcase crypto’s ongoing evolution as it heads toward even greater milestones in 2025.
BTC at $100K: Milestone or Temporary Pause?
Bitcoin’s December has been anything but quiet, with milestones that highlight its growing place in the financial world. According to Galaxy Research, its market cap now tops $2 trillion, making up 14% of gold’s massive market cap. Even more surprising, Bitcoin ETFs have overtaken gold ETFs in assets under management—$129 billion to $128 billion—flipping a trend that gold held for decades.
That said, it hasn’t been all smooth sailing. The Federal Reserve’s cautious stance on rate cuts shook the markets, pushing Bitcoin below $100,000 briefly and triggering $660 million in leveraged liquidations. But experts, like Bitwise CIO Matt Hougan, are unfazed, calling the dip a small hiccup in Bitcoin’s bigger story. He even speculated on television that BTC could reach $500,000 if the U.S. makes a strategic move with the token.
Matt Hougan’s price prediction for Bitcoin stating that BTC can possibly reach $500,000 if the United States and other countries make a purchase. Source: @CoinEdition
Institutional players aren’t holding back, either. Governments, corporations, and major funds continue snapping up Bitcoin while futures trading on CME hits record highs. With support growing and policies in Washington leaning more pro-crypto, Bitcoin’s role as a major asset is becoming hard to ignore.
Trading around $102,008 at press time, Bitcoin’s resilience and strategic importance are clear. With growing adoption and technological breakthroughs, BTC’s trajectory heading into 2025 is looking great, cementing its status as a leading digital asset.
JetBolt Surpasses 200 Million Tokens Sold: A Milestone in Signalling Rapid Growth
JetBolt (JBOLT) continues its impressive trajectory, now crossing the 200-million-token mark in its ongoing presale. This achievement underscores its appeal as an innovative altcoin designed to meet the needs of modern crypto users and whales.
Adding to its technical prowess, JetBolt is becoming more popular thanks to its Zero Gas fees, a cutting-edge feature that presale buyers are raving about. By removing gas fees, JetBolt makes transactions more accessible and cost-effective, setting itself apart in a market often constrained by high gas costs.
The presale has also been fueled by features like Alpha Boxes, which offer up to a 25% token bonus for early JetBolt buyers. Buyers can immediately stake their tokens, taking advantage of JetBolt’s SocialFi approach to boost their rewards and foster a tightly knit community.
Receiving recognition such as the Skale Ambassador Grant has further solidified JetBolt’s reputation in the blockchain space. With 200 million tokens already sold, JetBolt is setting a strong pace as it carves out its niche among emerging altcoins.
Conclusion: Bitcoin Battles to Hold $100K as JetBolt Surges with 200M Tokens Sold
Bitcoin’s battle to maintain its position above $100K highlights the dynamic nature of the crypto market, where external pressures constantly test resilience. Despite facing volatility, Bitcoin has shown its ability to rebound and sustain interest from both institutional and retail participants. Meanwhile, JetBolt’s 200 million tokens sale reflects the demand for innovative altcoins that cater to evolving user needs. These two altcoins’ parallel narratives underscore the adaptability of the crypto space, where established giants and emerging players alike shape the path forward as the market looks toward 2025.
Learn more about JetBolt’s presale by visiting the official website today.
This article is not financial advice. Prospective crypto buyers must exercise caution and be aware of the cryptocurrency market’s inherent volatility.
*This article was paid for. Cryptonomist did not write the article or test the platform.
