#Bitcoin Breaks $105,000#
Hot Topic Overview
Overview
Bitcoin surged past $105,000, marking a new high since 2025, after gaining over 5% on the day. The market is largely expecting a pro-crypto stance from the incoming Donald Trump administration, with potential plans for a national Bitcoin reserve, fueling anticipation for a "Trump pump" and driving the price rally. Additionally, the release of the US CPI inflation report eased concerns about a pullback, further pushing Bitcoin prices higher. However, some analysts cautioned that the price could still retreat back to recent lows of $90,000.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000, gaining more than 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 potentially establish a national Bitcoin reserve, leading to anticipation of a "Trump pump" and expectations of crypto-related announcements after the inauguration. Additionally, investor concerns over the US CPI inflation report have subsided, further fueling the Bitcoin rally. Some analysts believe Bitcoin could reach $128,000 in the coming months, while others suggest a potential return to the recent low of $90,000.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration is expected to boost Bitcoin prices, with the market widely believing that Trump will adopt pro-cryptocurrency policies, such as establishing a national Bitcoin reserve.
Bitcoin broke through $105,000, hitting a new high since 2025 and breaking the downtrend of recent weeks.
Market speculation about cryptocurrency policies after Trump's inauguration and the fading of concerns about the US CPI inflation report have pushed Bitcoin prices higher.
Bitcoin's rally has also driven the overall cryptocurrency market higher, with the total market capitalization exceeding $3.63 trillion.