#Bitcoin Breaks $105,000#
Hot Topic Overview
Overview
Bitcoin prices continued to rise, breaking through $105,000 on the eve of Trump's inauguration, with a daily increase of over 5%. The market generally believes that the Trump administration will adopt a more friendly cryptocurrency policy, including establishing a national Bitcoin reserve, which will drive Bitcoin prices further up. Investors are looking forward to potential announcements on cryptocurrencies that may be made after Trump's inauguration, and anticipate a "Trump pump" effect, triggering a new Bitcoin bull market. However, some analysts point out that if Trump fails to relax digital asset regulatory policies as planned, Bitcoin prices may experience a correction.
Ace Hot Topic Analysis
Analysis
Bitcoin price surged past $105,000, hitting a new high since 2025, driven by market expectations of a crypto-friendly policy from the incoming Donald Trump administration. Trump, during his campaign, promised to position the US as a leader in crypto, including establishing a national Bitcoin reserve, a stark contrast to the regulatory crackdowns and enforcement of the past few years. Bloomberg reported that Trump plans to issue an executive order elevating digital assets to "national priority" and forming an advisory committee of industry members to provide policy recommendations. Additionally, the likelihood of the US establishing a Bitcoin reserve has risen significantly, with Polymarket traders giving a 38% probability of Trump achieving this within his first 100 days in office. Speculations surrounding the potential crypto moves after Trump's inauguration, coupled with investor anxieties over Wednesday's US CPI inflation report fading, propelled the Bitcoin price surge. Bitcoin broke through last week's local high of $102,000 and also shattered a weeks-long downtrend, targeting December's all-time high.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
On the eve of Trump's inauguration, expectations that the US government will usher in a new era of crypto-friendly policies, fueled by rising Bitcoin prices.
Trump may announce making cryptocurrency a national policy priority and establishing a national Bitcoin reserve, sparking market expectations of a "Trump pump."
US investors reignited buying interest ahead of Trump's inauguration, pushing Coinbase Bitcoin premiums into positive territory.
Bitcoin broke through last week's local high of $102,000, as well as the downtrend that had persisted for weeks, targeting December's all-time high.