Bitcoin Eyes $90K as Eric Trump Joins Metaplanet, Gold Hits $3K+
Bitcoin (BTC) is trading at $84,414, up 0.22% on Friday, as major headlines from the crypto and commodities world drive fresh investor interest. Japan’s Metaplanet announced the addition of Eric Trump to its new strategic advisory board, signaling deeper institutional and political alignment with Bitcoin.
The firm also disclosed its goal to accumulate 10,000 BTC by year-end, up from its current 3,050 BTC holdings, worth approximately $4.1 billion.
Following the announcement, Metaplanet’s stock price surged by 17.8% on the Tokyo Stock Exchange. Meanwhile, gold continues to climb, crossing the $3,000 mark for the first time, with economist Peter Schiff calling it the strongest bull market in history. Ripple co-founder Jed McCaleb is also in focus, planning to launch his own space station by 2026 — a bold move backed by crypto wealth. Together, these developments underscore growing crossover between crypto, policy, and innovation.
Peter Schiff Highlights Gold’s Bull Market
Economist Peter Schiff asserts that gold is experiencing its strongest bull market in history, with prices surpassing $3,000 per ounce.
Despite this surge, gold mining companies remain undervalued. Schiff notes that even minor price reductions shouldn’t trigger panic selling. He emphasizes that gold’s rise continues despite a strong U.S. dollar, predicting that further currency depreciation will enhance gold’s appeal as an investment.
Ripple Co-Founder Ventures into Space
Jed McCaleb, co-founder of Ripple and Mt. Gox, plans to launch a commercial space station, Haven-1, by May 2026. His company, Vast, is vying for a NASA contract to take over the International Space Station. Success could yield billions, while failure might result in a $1 billion loss. Vast collaborates closely with SpaceX, utilizing its technology for missions.
The company also aims to develop artificial gravity to improve spaceflight conditions. McCaleb has invested his cryptocurrency wealth into this space exploration venture.
Bitcoin Technical Analysis
Bitcoin is trading at $84,499, reflecting a 1.50% decrease over the past 24 hours, with a market capitalization of $1.67 trillion. After briefly surpassing $86,000, BTC has retraced to a key support level at $84,000, maintaining an ascending trendline indicative of strong buying interest.
Key Technical Levels:
Support: 50-day EMA at $84,179; key levels at $84,000 and $82,000.
Resistance: Immediate resistance at $87,400; further targets at $89,900 and $92,600.
A sustained move above $84,000 could propel BTC towards higher resistance levels, while a breach below may lead to increased selling pressure.
Market Sentiment
Despite recent fluctuations, market sentiment remains bullish as long as Bitcoin stays above its trendline support. Traders should monitor volume levels near $85,000 to confirm momentum. A decisive break above $87,400 could set the stage for a broader upside move.
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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
