#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
The price of Bitcoin has continued to surge in recent days, breaking through $105,000 on Friday with a daily gain of over 5%. This rally is largely driven by expectations of a friendly policy toward cryptocurrencies from the incoming Donald Trump administration. The market widely believes that the Trump government will take steps to support the development of cryptocurrencies, including establishing a national Bitcoin reserve. While no concrete policy details are available yet, market expectations regarding the Trump administration's policies have ignited investor enthusiasm, driving Bitcoin prices significantly higher. Moreover, the release of the US CPI inflation report has eased market concerns about inflation, further propelling the Bitcoin price surge.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000, hitting a new high since 2025, driven by market optimism surrounding Donald Trump's potential pro-crypto policies as incoming president. Trump campaigned on positioning the US as a leader in crypto, including establishing a national Bitcoin reserve. The market anticipates Trump to issue an executive order upon inauguration elevating digital assets to a "national priority," and establishing an advisory council comprised of industry members to provide policy recommendations. Furthermore, the release of the US CPI inflation report eased inflation concerns, further bolstering Bitcoin's surge. However, some analysts caution investors that if Trump fails to follow through with relaxed digital asset regulation and begins increasing US Treasury holdings of BTC, Bitcoin prices could experience a significant pullback.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration will push bitcoin prices higher as markets anticipate crypto-friendly policies from the incoming president, including the establishment of a national bitcoin reserve.
Bitcoin has broken through $105,000, hitting a new high since 2025 and breaking through a downtrend of declining lows for several weeks.
Investor speculation about possible crypto moves following Trump's inauguration, as well as concerns about the US CPI inflation report, have passed, pushing bitcoin prices higher.
Bitcoin has broken through the local high of $102,000 and is aiming for the December all-time high.
Cryptocurrency investors expect the new president to bring about a sea change and potentially issue an executive order elevating digital assets as a "national priority".