#Trump Inauguration, Bitcoin Breaks $105,000#
Hot Topic Overview
Overview
Bitcoin surged past $105,000 on the eve of Trump's inauguration, hitting a new high since 2025. The market widely expects Trump to adopt pro-cryptocurrency policies, such as establishing a national Bitcoin reserve, which would drive Bitcoin prices further up. The market is eagerly awaiting potential cryptocurrency policy announcements after Trump's inauguration, referring to it as the "Trump Pump." Some analysts predict Bitcoin will reach $128,000 in the coming months. However, other analysts point out that Bitcoin could see a significant pullback if Trump fails to loosen digital asset regulatory policies as planned.
Ace Hot Topic Analysis
Analysis
Bitcoin surged past $105,000 ahead of Trump's inauguration, fueled by widespread market expectations that he would implement crypto-friendly policies and potentially establish a national Bitcoin reserve. The market's anticipation of Trump's crypto policies, coupled with positive news from the US CPI inflation report, propelled the rapid rise in Bitcoin's price. Some analysts believe Bitcoin will reach $128,000 in the coming months, but others caution that a significant correction could occur if Trump fails to deliver on his promises. Currently, the market is optimistic about Trump's crypto policies, but the ultimate outcome remains to be seen until his actual actions after his inauguration.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration marks the beginning of a new era for the US government, which will be crypto-friendly and may issue crypto-related announcements, leading to a 'Trump pump' effect, driving Bitcoin prices up.
Trump may elevate digital assets to a 'national priority' and form an advisory board to provide policy recommendations, including establishing a national Bitcoin reserve, which would have a positive impact on Bitcoin prices.
Bitcoin broke through last week's local highs and also broke the downtrend that has lasted for weeks, targeting the December all-time highs, potentially reaching $128,000 in the next few months.
Investors' concerns about the US CPI inflation report have subsided, and market focus has shifted to speculation about potential crypto actions following Trump's inauguration, driving Bitcoin prices up.