#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
Bitcoin price recently broke through $105,000, hitting a new high since 2025. This surge is mainly driven by expectations of Donald Trump's upcoming presidency, as the market generally believes that Trump will adopt pro-cryptocurrency policies, including establishing a national Bitcoin reserve. In addition, the release of the US CPI inflation report eased market concerns about a pullback, further pushing Bitcoin prices higher. Although some analysts believe Bitcoin may pull back to $90,000, most remain bullish on Bitcoin's future trajectory and expect its price to reach $128,000 in the coming months.
Ace Hot Topic Analysis
Analysis
Bitcoin has surged past $105,000, hitting a new high since 2025, with gains exceeding 5% on the day. This rally is primarily attributed to expectations surrounding the imminent presidency of Donald Trump, with the market widely believing that he will implement crypto-friendly policies, including the establishment of a national Bitcoin reserve. This anticipation has also sparked speculation about a "Trump pump," with traders predicting that Trump's policies will trigger a fresh Bitcoin bull run. Moreover, the concerns related to the US CPI inflation report have subsided, further bolstering the Bitcoin rally. However, some analysts have cautioned that Bitcoin could face a significant correction if Trump fails to loosen digital asset regulations as planned and begin increasing BTC holdings in national reserves.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin broke through $105,000, hitting a new high since 2025, driven primarily by market expectations of a crypto-friendly policy from the US government following Donald Trump's inauguration.
The market anticipates Trump to issue an executive order elevating digital assets to a "national priority" and establishing an advisory board composed of industry members to provide policy recommendations, including the creation of a national Bitcoin reserve.
Bitcoin breached the local high of $102,000 last week, breaking through the downtrend that had persisted for weeks and targeting December's all-time high.
Bitcoin spot ETFs saw a net inflow of $1.381 billion over the past two days, while Ethereum spot ETFs attracted $166 million in inflows, indicating a surge in investor confidence in cryptocurrencies.