Bitcoin has broken its all-time high several times this week and currently sits at around $98,000. Bitcoin isn’t the only crypto asset to break records this week, let’s get to it!
Solana has seen a significant increase, with its market capitalization surpassing household names like Starbucks. The Solana blockchain also now leads all others in terms of daily net inflows. (Even Ethereum, the second largest cryptocurrency!)
MicroStrategy’s Bitcoin strategy continues to bear fruit. Since Bitcoin’s adoption in August 2020, the company’s shares have risen more than 2,300%, outpacing Berkshire Hathaway’s 36% growth over the same period. Remarkably, MicroStrategy also outperformed Bitcoin itself, which rose by around 600%. The company now holds 331,200 BTC, purchased for approximately $16.5 billion, making it the largest company holding Bitcoin. CEO Michael Saylor remains optimistic, predicting that Bitcoin could reach $13 million in the next 20 years.
Spot Bitcoin ETFs are also seeing unprecedented momentum, with $1.7 billion in inflows last week alone, marking the sixth consecutive week of positive activity. The total assets under management of these ETFs now stand at over $95 billion, representing over 5% of Bitcoin’s market capitalization. Ethereum ETFs are also doing well, with record inflows of $515 million last week.
Ripple’s (This rumor was confirmed today since Gary Gesler announced his resignation in January 2025 in an X post). Speculation that Ripple CEO Brad Garlinghouse would advise Trump on crypto policy has further fueled the bullish sentiment around XRP. Adding to the excitement around the token, Cardano founder Charles Hoskinson suggested potential collaborations between Cardano and Ripple to integrate DeFi components, improve liquidity, and even create stablecoin layers.
Donald Trump’s media company, Trump Media and Technology Group, is reportedly in talks to acquire Bakkt, a cryptocurrency trading platform owned by ICE. The news sent Bakkt shares soaring more than 160%, highlighting the growing intersection between traditional finance, crypto, and media amid the Trump administration’s pro-crypto stance.
Finally, we have seen more speculation about regulatory changes under Trump, with former Binance US CEO Brian Brooks seen as a potential replacement for Gary Gensler. Brooks, known for his expertise in cryptography, could introduce a more crypto-friendly environment.
