Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs.

The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels.

Bitcoin Hits $6.5 Billion In Net Inflows

Analysts showed that as of November, the firstborn cryptocurrency’s exchange-traded funds (EFT) recorded an all-time high of $6.5 billion in net inflows, a significant milestone attributed to the incoming Trump administration.

Many market commentators are predicting that Bitcoin could soon hit a record high of over $100,000 per coin; even American author Robert Kiyosaki posted on his X account that BTC would settle at around $250,000 in 2025.

Analysts mentioned that since the start of 2024, BTC’s price has already doubled, and they observed that the crypto went up by 45% after the US presidential election, noting that investors’ optimism on cryptocurrencies can be attributed to Trump’s promise to make regulations more friendly to digital assets.

As of press time, Bitcoin has been traded at $95,721, down by 1.8% in the last 24 hours and with a total market capitalization of $1.9 trillion.

BTC is moving even closer to the $100,000 mark but continues to struggle to pass this resistance level.

Total crypto market cap hit $3.24 trillion today: TradingView.com

ETH Outperforms BTC

Crypto analysts commented that since Trump’s election, Ethereum has outmatched Bitcoin as the leading altcoin has reached new heights, riding on the overall optimism in the cryptocurrency sector.

Reports illustrated th

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Author: Christian Encila