#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
Bitcoin prices surged past $105,000 on the eve of Donald Trump's inauguration, marking a 5% increase in the preceding 24 hours. Market sentiment leans towards the expectation of pro-cryptocurrency policies from Trump, including the establishment of a national Bitcoin reserve, potentially driving further price increases. Investors eagerly anticipate potential cryptocurrency policy announcements post-inauguration, viewing them as a potential catalyst for a "Trump pump." Furthermore, inflows into Bitcoin spot ETFs have provided support for its price rise.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000, hitting a new high since 2025, primarily driven by speculation surrounding potential crypto moves following Donald Trump's inauguration. Investors anticipate Trump to issue an executive order elevating digital assets to a "national priority" and establish an advisory council comprised of industry members to provide policy recommendations. Additionally, Trump's campaign pledges to position the U.S. as a leader in the crypto space, including establishing a national Bitcoin reserve, stand in stark contrast to regulatory crackdowns and enforcement seen in recent years. These factors combined fueled the Bitcoin price rally, creating a positive market sentiment, with expectations for continued gains in the coming months.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin surged past $105,000 on the eve of Donald Trump's inauguration, hitting a new high since 2025, with the market widely expecting a pro-cryptocurrency stance from the Trump administration, driving Bitcoin's price surge.
Market expectations for the Trump administration to release supportive crypto policies, including establishing a national Bitcoin reserve and setting up an industry advisory council, are seen as bullish for Bitcoin.
On the eve of Trump's inauguration, investors were bullish on the prospect of pro-crypto moves by the U.S. government, pushing Bitcoin's price higher.
Bitcoin broke through last week's local high and surpassed the downward trend of falling lows for several weeks, leading to positive market sentiment about Bitcoin's future trajectory.