Bitcoin (BTC) reached its highest price in USD terms in 2025 and set a new record against the British pound. This surge in price is attributed to increasing excitement for a crypto-friendly U.S. government under President-elect Donald Trump. BTC rose 5.2% over the past 24 hours and led the CoinDesk 20 Index higher. Other cryptocurrencies such as NEAR and Litecoin also saw gains, while solana and Ethereum's ether lagged behind. XRP, on the other hand, experienced a decline. Crypto-related stocks, including MicroStrategy and Coinbase, also saw increases in value. The bounce-back in BTC follows a previous sell-off and is attributed to reduced anxiety over inflation and speculation about Trump's potential crypto actions. With the upcoming inauguration, investors expect a sea change in crypto regulations under the new president. There are increasing odds of the U.S. establishing a bitcoin reserve, and Trump is reportedly planning an executive order to elevate digital assets to a national priority. Analysts project continued growth for BTC, with a target resistance of $108,000 and a potential price of $128,000 in the coming months.



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