#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
Bitcoin price surged past $105,000 on the eve of Trump's inauguration, marking a new high since 2025 and gaining over 5% in a single day. The market widely anticipates that Trump will adopt crypto-friendly policies, such as establishing a national Bitcoin reserve, which would propel Bitcoin prices further. While recent market concerns about inflation have eased somewhat, investor anticipation of Trump's policies remains the main driver of Bitcoin's price increase. Some analysts predict that Bitcoin will reach $128,000 in the coming months. However, other analysts point out that if Trump fails to deliver on his promises, Bitcoin prices could fall back to $90,000.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000 on the eve of Trump's inauguration, gaining over 5% intraday. Market sentiment suggests that Trump may implement pro-crypto policies such as establishing a national Bitcoin reserve, which would be a massive boon for Bitcoin. Speculation about Trump's potential crypto moves following his inauguration, coupled with fading concerns over the US CPI inflation report, have propelled Bitcoin's price upwards. Some analysts predict Bitcoin will hit $128,000 in the coming months. However, other analysts warn that Bitcoin could see a sharp correction if Trump fails to ease digital asset regulations as planned and begin increasing BTC holdings in the national treasury.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ahead of Trump's inauguration, market expectations that Trump would roll out policies favorable to cryptocurrencies triggered a "Trump pump", causing the price of Bitcoin to surge to $105,000.
Market rumors that Trump may establish a national Bitcoin reserve and issue an executive order elevating digital assets to a "national priority" further fueled the rise in Bitcoin's price.
Bitcoin broke through last week's local high and also broke through the downtrend that had lasted for several weeks, aiming for December's all-time high.
Bitcoin spot ETFs saw a net inflow of $13.81 billion in the past two days, reversing a four-day outflow trend, reflecting market optimism for Bitcoin.