#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
Bitcoin has surged past $105,000, hitting a new high since 2025, with gains exceeding 5% on the day. The market widely believes that the incoming Trump administration will adopt more favorable cryptocurrency policies, such as establishing a national Bitcoin reserve, which could further fuel Bitcoin's rise. Moreover, investor concerns about the US CPI inflation report have subsided, also providing support for Bitcoin's price rally. Bitcoin has now crossed the $108,000 mark, and the next target resistance level is $128,000.
Ace Hot Topic Analysis
Analysis
Bitcoin price surged past $105,000, hitting a new high since 2025. This surge was driven primarily by anticipation of Donald Trump’s upcoming presidency, with the market broadly expecting Trump to adopt crypto-friendly policies, including the establishment of a national bitcoin reserve. The market’s heightened anticipation of this news in the lead-up to Trump’s inauguration spurred a significant price increase. Additionally, the release of the US CPI inflation report eased concerns of further pullbacks, further driving bitcoin’s price rise. Analysts believe bitcoin has the potential to break through $108,000 in the short term and could reach $128,000 in the coming months. However, if Trump fails to loosen digital asset regulatory policies as planned and begin increasing BTC holdings in the national treasury, bitcoin could see a significant price correction.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin breaks $105,000, a new high since 2025, fueled by market expectations of a crypto-friendly policy from the US government after Donald Trump's inauguration.
The market anticipates Trump to issue an executive order elevating digital assets to a "national priority" and establishing an advisory committee of industry members to provide policy recommendations, which would drive Bitcoin prices higher.
Trump's campaign promises to position the US as a leader in the cryptocurrency space, including establishing a national Bitcoin reserve, stand in stark contrast to the regulatory crackdowns and enforcement actions of the past few years, providing further support for Bitcoin price increases.
Bitcoin has broken through last week's local high of $102,000, as well as the downward trend of consecutive weeks of lows, targeting the December all-time high, potentially reaching $128,000 in the coming months.