This week, the cryptocurrency ecosystem was marked by historic advancements, new strategic alliances, and a growing interest from public figures in the sector. Here are the most relevant points:
🔹 Bitcoin breaks records
The leading cryptocurrency surpassed 124,000 USD, consolidating its role as a safe-haven asset. This surge has boosted luxury consumption with crypto payments, from private jets to hotel chains that now accept Bitcoin, Ethereum, and Dogecoin.
🔹 Trump Media boosts CRO
The company linked to Donald Trump announced a partnership with Crypto.com, allocating more than 100 million USD to the CRO token, with investment projections that could reach 1,000 million. This caused a nearly 30% increase in its price and opens the door to crypto rewards within Truth Social.
🔹 Controversy over internal transactions
The Trump family was also in the spotlight for the sale of its token WLFI to a company under its same control, a deal valued at 750 million USD. This movement raised criticism and doubts about possible conflicts of interest in the market.
🔹 Eric Trump and Bitcoin mining
From Hong Kong, Eric Trump presented his new mining company “American Bitcoin” and reiterated a bullish outlook, projecting that BTC could reach 1 million USD in the coming years.
🔹 Athletes and the crypto bet
Figures like Odell Beckham Jr. and Russell Okung confirmed significant gains after converting part of their salaries into Bitcoin in previous years, reinforcing the narrative of cryptocurrencies as a long-term financial strategy.
🔮 Outlook for the upcoming week in the crypto market
Bitcoin (BTC): could continue to correct after falling to $110K; the key support is at $109K. If it holds, there is a chance of recovery; if it loses it, it could fall further.
Ethereum ($ETH ): remains strong, with possibilities of surpassing $5K and heading towards $7K in the coming months.
Altcoins: emerging projects like Remittix (RTX) are gaining attention from investors as an alternative in case of market drops.
External factors: macroeconomic data in the U.S. (employment, inflation, and Fed decisions) will be decisive for the market direction.
An exciting week and a great start to the month are expected.
