#Bitcoin breaks $105,000#
Hot Topic Overview
Overview
Bitcoin price has broken through $105,000, with a daily gain of over 5%, reaching a new high since 2025. The market generally believes that the incoming Donald Trump administration is friendly towards cryptocurrencies and may take measures to promote cryptocurrency development, such as establishing a national Bitcoin reserve, which has sparked market expectations of a "Trump pump" and driven Bitcoin prices higher. In addition, the release of the US CPI inflation report also eased market concerns about further pullbacks, further driving Bitcoin prices higher. Currently, the market is generally optimistic about the future trend of Bitcoin, and it is expected that Bitcoin will continue to rise in the coming months.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000, gaining over 5% on the day, hitting a new high since 2025. The market widely believes that the incoming Donald Trump administration will adopt a pro-cryptocurrency policy and may even establish a national Bitcoin reserve, fueling expectations of a "Trump pump" and driving the price higher. Investors anticipate Trump to issue related policy announcements after his inauguration, further boosting market confidence. Additionally, the release of the U.S. CPI inflation report eased concerns about inflation, further pushing the price of Bitcoin up. However, some analysts warn investors about the risks, suggesting that Bitcoin prices may experience a pullback, and advising investors to be cautious in their investments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration is expected to boost Bitcoin prices, with the market anticipating Trump will adopt cryptocurrency-friendly policies, such as establishing a national Bitcoin reserve.
Bitcoin broke through $105,000, reaching a new high since 2025 and breaking through the downtrend that had been in place for the past few weeks.
Speculation about possible crypto actions after Trump's inauguration, coupled with investor concerns about the US CPI inflation report, have passed, driving Bitcoin prices up.
Bitcoin's rally was also fueled by inflows into cryptocurrency ETFs, with BlackRock's Ishares Bitcoin Trust ETF (IBIT) seeing nearly $1 billion in volume in the first hour of trading.