#Bitcoin Breaks $105,000#

Bitcoin surged past $105,000, hitting a new high since 2025, with intraday gains exceeding 5%. The market widely believes that the incoming Donald Trump administration will adopt a friendly policy towards cryptocurrencies and may even establish a national bitcoin reserve, fueling optimistic expectations for the future of cryptocurrencies. During his campaign, Trump pledged to position the U.S. as a leader in the cryptocurrency space and issued an executive order to elevate digital assets as a "national priority," forming an industry advisory board to provide policy recommendations. Speculation about the crypto actions Trump may take following his inauguration, along with the waning concerns about the U.S. CPI inflation report, have collectively driven bitcoin's strong rebound. Alex Thorn, Head of Research at Galaxy, stated that BTC broke through last week's local high of $102,000 and also surpassed the downtrend of several weeks of lows, targeting the December all-time high. John Glover, Chief Investment Officer of cryptocurrency lender Ledn, predicts bitcoin to reach $128,000 in the coming months. However, he also noted that breaking the all-time high of $108,000 is crucial, and there remains the possibility of a return to the recent low of $90,000.