#Bitcoin Breaks $105,000#

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Overview

Bitcoin surged past $105,000, hitting a new high since 2025. This rally is primarily driven by expectations of a crypto-friendly policy from the incoming Donald Trump administration. Market speculation suggests that Trump may establish a national Bitcoin reserve and issue an executive order elevating digital assets to a “national priority.” Furthermore, the easing of the U.S. CPI inflation report also provided support for Bitcoin. While some analysts believe Bitcoin may experience a pullback if Trump fails to deliver on his promises, the overall market sentiment remains bullish.

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Analysis

Bitcoin surged past $105,000, hitting a new high since 2025, fueled by market expectations of crypto-friendly policies under the incoming Donald Trump administration. Trump pledged during his campaign to position the US as a leader in the crypto space, including establishing a national Bitcoin reserve. The market anticipates an executive order from Trump following his inauguration that would elevate digital assets to a "national priority" and create an advisory council composed of industry members to offer policy recommendations. Additionally, the likelihood of the US creating a Bitcoin reserve has significantly increased, with Polymarket traders placing the probability of Trump achieving this within his first 100 days in office at 38%. Beyond Trump's policy expectations, Bitcoin also benefited from easing US CPI inflation readings and investor inflows into BTC spot ETFs. However, some analysts caution investors that Bitcoin could experience a sharp pullback if Trump fails to follow through on his plans to loosen digital asset regulations and begin increasing BTC holdings in national reserves.

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Public Sentiment

98%
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Discussion Word Cloud

Classic Views

Trump's inauguration ceremony will usher in a new era of cryptocurrency friendliness and may announce the creation of a national Bitcoin reserve, pushing Bitcoin prices higher.

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Trump may issue an executive order elevating digital assets to a 'national priority' and establish an advisory council composed of industry members to provide policy recommendations.

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Market expectations for the Trump administration's cryptocurrency policy are optimistic, leading Bitcoin to break through the downtrend and hit a new high since 2025.

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Bitcoin broke through $105,000, partly driven by investor speculation about potential crypto actions by the Trump administration and the fading of concerns about the US CPI inflation report.

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