Bitcoin (BTC) has made headlines as it reclaimed the $100k milestone in today’s early trading session, recovering by 5.4% in the last 24 hours. This resurgence comes as the crypto market rallies in reaction to President Donald Trump’s delay of tariff orders against Canada and Mexico, alongside his signing of an executive order to establish an “American sovereign wealth fund”. This has sparked murmurs that the fund could possibly include investments in cryptos like Bitcoin.
Meanwhile, the rising altcoin star JetBolt (JBOLT) is sharing the spotlight with its presale skyrocketing to over 310 million tokens sold. JetBolt mesmerizes the crypto community with its cutting-edge features like zero-gas tech and an integrated Web3 wallet, expanding its market reach at an astonishing pace.
Can Bitcoin surpass $250,000 as JetBolt draws increasing attention? Dive in to discover what’s next.
Bitcoin Price: Can BTC Surpass $250,000 in 2025?
Bitcoin (BTC) fell below the psychologically crucial $100K mark as the crypto market tumbled following President Trump’s tariff impositions on imported goods from Canada, Mexico, and China. The market-wide cryptocurrency correction since February 2nd led to a total market cap low of $2.99T on February 3rd, the lowest since the year started.
Trading at $99,068.95 at the time of writing, BTC has notably recovered from a low of $92,876.12 on February 3rd, briefly peaking at $102,038 in today’s early trading session. The broader crypto market is showing signs of recovery in response to President Trump’s decision to put on hold the tariff orders against Canada and Mexico, leading BTC to surge by 5.4% in the last 24 hours.
Bitcoin’s 7-day Price chart reflecting its rise to the $100K mark on February 4th courtesy of CoinGecko
Furthermore, President Trump has signed an executive order mandating the establishment of a sovereign wealth fund. Industry advocates and at least one lawmaker have indicated that this move could possibly pave the way for the government to acquire Bitcoin. However, if established, there was no clear mention of the fund being invested in cryptocurrencies like Bitcoin.
Wyoming Senator Cynthia Lummis hinted on X that the sovereign wealth fund might be used to purchase BTC. Bitcoin advocate Wayne Vaughan, who has urged the U.S. government to establish a strategic Bitcoin reserve, cited that both Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick “like Bitcoin” and could potentially direct the fund to invest in cryptocurrency.
Amid these developments, analysts suggest that BTC’s price faces significant resistance at approximately $102,500, with the next notable resistance level at around $103,200. A close above the $103,200 resistance could propel BTC to even higher, possibly testing the $105,000 resistance level and potentially rising to the $107,000 mark with further market gains. However, Bitcoin’s target of surpassing $250,000 seems unlikely to happen in the very near term.
JetBolt: Mesmerizing the Crypto World with Zero-Gas Tech and Other Web3 Utilities
As Bitcoin continues to maintain resilience, blockchain enthusiasts are eyeing the young player JetBolt (JBOLT) with fascination, mesmerized by its awesome combination of groundbreaking technologies and user-focused Web3 utilities. With enticing perks and a successful presale with over 310 million tokens sold, this emerging innovative crypto is adding excitement to the altcoin landscape.
Among JetBolt’s game-changing features is zero-gas technology, which eliminates costly gas fees, thanks to the sophisticated Skale Network. Everyday users can enjoy blockchain transactions minus the worry over hefty gas costs. For developers, zero-gas tech could possibly fuel innovation across dApps, blockchain gaming, SocialFi, and Web3, making transactions and development potentially more accessible and cost-efficient.
JetBolt’s user-centric Web3 wallet, equipped with the advanced WebAuthN and face recognition features, simplifies entry and crypto management for both newcomers and experienced crypto enthusiasts.
Furthermore, JetBolt boasts an AI crypto tool that showcases blockchain news and snippets of crypto insights, arranged according to bearish or bullish market sentiment.
Adding a social element to staking, JetBolt’s SocialFi staking system offers users the chance to earn additional reward tokens when they connect with others on the platform while staking their JBOLT tokens. This interactive twist fosters community engagement, possibly making the staking activity more fun and rewarding.
To add enjoyment to the action, early buyers can snatch JetBolt’s attractive presale perks, including getting up to 25% token bonuses when they avail the exclusive Alpha Boxes or token batch purchases.
Despite being a young player, JetBolt appears to be gaining popularity as the crypto community discovers more of its tech-powered Web3 features. Having sold more than 310 million tokens in presale, JetBolt is radiating as one of the best innovative cryptos in the altcoin space.
Final Take: Can Bitcoin Surpass $250,000 as JetBolt Mesmerizes Whales and Buyers
As the crypto market continues to grapple with the sometimes chaotic effect of macroeconomic factors, Bitcoin’s dream of surpassing $250,000 appears uncertain and unlikely to happen in the near future. On the upside, there are brewing developments that could serve as market catalysts for Bitcoin’s price to potentially discover new highs.
Alongside Bitcoin’s rebound, JetBolt continues to enthrall crypto buyers and enthusiasts with its trailblazing zero-gas tech, an AI-driven crypto tool, and array of innovative Web3 utilities. JetBolt shines as one of the best new altcoin contenders in 2025.
To discover more about JetBolt and its game-changing features, visit the official JetBolt website now.
This article should not be treated as financial or trading advice. The crypto market is unpredictable by nature and all cryptocurrencies come with risks. Readers are encouraged to conduct independent research before making any crypto purchase or trading-related decision.
