#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
Bitcoin prices have continued to rise in recent days, breaking through $105,000 ahead of Trump's inauguration, marking a new high since 2025. Market expectations are widespread that Trump will adopt crypto-friendly policies, including establishing a national Bitcoin reserve, leading investors to be optimistic about the future. Additionally, the easing of the U.S. CPI inflation report has also alleviated concerns about a pullback, further driving Bitcoin prices up. However, some analysts also remind investors that if Trump does not make major announcements on the inauguration, Bitcoin prices may experience a pullback.
Ace Hot Topic Analysis
Analysis
Bitcoin price surged past $105,000, hitting a new high since 2025, driven by strong market expectations of crypto-friendly policies under the incoming Donald Trump presidency. Trump, during his campaign, promised to position the US as a leader in the cryptocurrency space, including establishing a national Bitcoin reserve, a stark contrast to the regulatory crackdowns and enforcement actions of recent years. Market rumors suggest Trump plans to issue an executive order elevating digital assets to a "national priority" and forming an advisory council comprised of industry members to provide policy recommendations. The possibility of the US establishing a Bitcoin reserve has also risen sharply, with Polymarket traders assigning a 38% probability of it happening within Trump's first 100 days in office. Bitcoin broke through its local high of $102,000 last week, also breaking a downtrend that had persisted for several weeks, setting its sights on its December all-time high. Spot Bitcoin ETFs saw net inflows of $1.381 billion over the past two days, reversing a four-day outflow trend. Ethereum spot ETFs attracted $166 million in inflows, marking the largest single-day inflow in over a month. Traders are anticipating a "Trump pump" that could fuel a new Bitcoin bull run.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration will usher in a new era of cryptocurrency friendliness for the US government, which could send Bitcoin on a new bull run.
Trump could issue an executive order elevating digital assets to a 'national priority' and form an advisory council made up of industry members to provide policy recommendations.
Trump could establish a national Bitcoin reserve, a stark contrast to the regulatory crackdowns and enforcement actions of the past few years.
Bitcoin has broken through its local highs of last week at $102,000 and also broke a downtrend that lasted for several weeks, targeting December's all-time highs.