Bitcoin briefly bounces back over $100,000

Bitcoin rallied to over $100,000 at 3 p.m. ET today on a soft inflation report and growing optimism that President-elect Trump will move quickly to overhaul the nation’s crypto policies.

According to Reuters, sources say the new administration could take action as early as next week as Trump’s new SEC pick, crypto advocate Paul Atkins, takes the helm of the agency from Gary Gensler, who has maintained a largely anti-crypto position during his tenure.

It’s the third time bitcoin has cracked the six-figure mark. It first hit the symbolic milestone on December 4 and then again on January 6, but it has whipsawed wildly in that period, briefly dipping below $90,000 on Monday. As of 3:45 p.m., the crypto had slipped back below $100,000 but was still up roughly 2.5% on the day.

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Sage D. Young10h

Meme coin factory Pump.fun has surpassed $1 billion in revenue, making it the first protocol built on the solana blockchain to reach the milestone.

The platform launched two years ago and has gained immense popularity in part for jump-starting viral cryptocurrencies such as fartcoin, pnut, and Moo Deng.

The solana-based token launchpad has seen around $98 million in revenue so far this year and is on pace to generate $476 million in annualized revenue, a drawdown from 2025’s figure of nearly $651 million, data from DefiLlama shows.

Pump.fun’s revenue in the last 24 hours, 7 days, and 30 days places the platform among the top earners in the entire crypto ecosystem, trailing only perpetuals venue Hyperliquid as well as stablecoin issuers Tether and Circle.

The platform uses the vast majority of its revenue to buy back its native token, PUMP, a program aimed at reducing the circulating supply of the token and absorbing sell pressure. Over $323.5 million worth of PUMP has been purchased since the start of the program, offsetting 28.8% of the cryptocurrency’s circulating supply.

Currently, the price of PUMP is down 77% from its all-time high set in September 2025, per CoinGecko.

Yaël Bizouati-Kennedy

Bear case

11h

Bloomberg Intelligence analyst keeps prediction for bitcoin to fall to $10,000

Many disagree, saying bitcoin is “too big to fail” and that such a fall would require an “extreme systemic shock.”

Bitcoin Continues Months-Long Steep Decline In Value

Sage D. Young

3/11/26

Ethereum is seeing record activity. So why is its price struggling?

Analysts from Citizens JMP Securities expect fundamentals to play a greater role in 2026, despite ethereum’s predicament between network activity and price.

Yaël Bizouati-Kennedy

Bitcoin bull

3/11/26

Bitwise’s Hougan makes the case for bitcoin to hit $1 million in 10 years

To reach a seven-figure price, bitcoin would need to capture more than 50% of the store-of-value market, “a very high bar” that “sounds unreasonable to many,” Hougan wrote, but noted there’s a point most people miss.

Okayplayer Presents: Friends From New York Hosted By Shaggy At BitBasel Miami Art Week

Sage D. Young

3/10/26

Traders bet XRP’s price will keep rising as it outpaces ethereum and solana

Meanwhile, more than half of XRP’s total supply is sitting at a loss.

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