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.
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)
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%.
2. Binance Coin (BNB)
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%.
3. Solana (SOL)
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%.
