XRP surged 11%, leading the growth among major cryptocurrencies, partly due to increased trading volumes on the South Korean exchange Upbit, which typically signals potential price volatility. Bitcoin also showed strength, climbing above $95,000, as the market anticipates a bullish phase in 2025, with projected targets of $185,000 for Bitcoin and $5,500 for Ether. This optimism stems from expectations of a crypto-friendly administration under incoming U.S. President Donald Trump and a historical trend following Bitcoin's halving event in 2024. Major cryptocurrencies such as Cardano, Solana, and Chainlink also made gains of up to 8%. Analysts predict that January will bring significant adjustments in asset allocations by institutions, further solidifying Bitcoin's market presence and potentially diminishing its volatility as it gains mainstream acceptance. The overall sentiment reflects a bullish outlook across the crypto space, aligning with anticipated regulatory changes and increased institutional participation.

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