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Altcoins may have more room to rally than bitcoin after the pro-crypto president elect Donald Trump returns to the Oval Office, with his inauguration scheduled on Monday, industry participants said.

One of the key reasons that Bitcoin (CRYPTO: BTC) has performed so well, topping $108,000 at one point last year, and been more resilient than the rest of the crypto sector is because investors view the token as a potential inflation hedge. Now, ARK Invest Chief Executive Officer Cathie Wood has said she believes Ethereum (CRYPTO: ETH) has begun to develop some unique characteristics of its own that could potentially position it as the crypto-equivalent of U.S. Treasury bills. If Wood is right, that could prove to be a major catalyst for Ethereum.

Few tokens have benefited more than XRP (CRYPTO: XRP), the world's third-most valuable cryptocurrency, and Dogecoin (CRYPTO: DOGE), the world's seventh-most valuable cryptocurrency. Since election night, XRP has catapulted more than 500% to $3.28, while Dogecoin has increased 140% to $0.38 (as of Jan. 16). Is it more likely that XRP hits $4 or Dogecoin hits $0.60 in 2025?

Nvidia (NVDA) on Monday quickly slammed newly released Biden administration rules to regulate chip sales to foreign countries.

The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin has become a popular store of value for investors due to its decentralized nature, capped supply, and secure system called the blockchain. As a result, Saylor predicts Bitcoin could soar to $13 million per coin by the year 2045, which would translate to an eye-popping 13,031% gain for investors who buy it at the current price of about $99,000.

(Bloomberg) -- Switzerland is set for some self-reflection on its relationship with money, if the country’s Bitcoin evangelists get their way. Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunWhat LA’s Fires Mean for the City’s Housing ShortageIn a City of Sprawl, Wildfire Evacuation Is Getting HarderWill Americans Ever Lose Their Taste for Telework?Amid intensified global interest in the cryptocu

According to data compiled by S&P Global Market Intelligence, popular utility token Solana (CRYPTO: SOL) rose by almost 15% over that stretch -- and that was a modest gain compared to other cryptos. While they're certainly in a good position to do so -- particularly since the Republicans control both chambers of Congress -- there's always a fair distance between an administration's promises and actual implementation.