#Bitcoin Breaks $105,000#
Hot Topic Overview
Overview
Bitcoin prices have continued to rise in recent days, breaking through $105,000 on the eve of Trump's inauguration. The market widely believes that the Trump administration will adopt a friendly policy towards cryptocurrencies and may even establish a national Bitcoin reserve, which has fueled investor optimism. In addition, the release of the US CPI inflation report also eased market concerns about inflation, further driving Bitcoin prices up. While some analysts have warned that prices could fall if no major announcements are made after Trump's inauguration, overall, the market remains bullish on the outlook for Bitcoin.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000 on the eve of Trump's inauguration, with the market widely expecting Trump to adopt crypto-friendly policies and potentially establish a national Bitcoin reserve. This anticipation fueled a strong rally in Bitcoin's price, leading to an optimistic market sentiment. Investors flocked to buy Bitcoin, causing its price to surge significantly in the past few days, breaking through its previous all-time high set in 2025. Furthermore, Trump could issue an executive order elevating digital assets to a "national priority" and forming an advisory committee comprised of industry members to provide policy recommendations. These developments suggest that the Trump administration will take a proactive stance toward the cryptocurrency industry, presenting new opportunities for Bitcoin's growth.However, some analysts point out that if Trump fails to loosen digital asset regulatory policies as planned and begin increasing the national BTC holdings, Bitcoin could experience a sharp correction. Overall, Bitcoin's future trajectory will depend on the specific policy measures implemented by the Trump administration and the market's reaction to these policies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration is expected to drive up Bitcoin prices, with the market expecting Trump to adopt crypto-friendly policies, including establishing a national Bitcoin reserve.
Trump may issue an executive order to elevate digital assets to a 'national priority' and form an advisory council composed of industry members to provide policy recommendations.
Bitcoin broke through last week's local high, as well as the downtrend of consecutive weeks of declines, aiming for its all-time high in December.
Bitcoin spot ETFs have attracted a net inflow of $1.381 billion over the past two days, reversing the outflow trend of the previous four days. Ethereum spot ETFs attracted $166 million in inflows, the largest single-day inflow in over a month.