#Trump's Inauguration, Bitcoin Breaks $105,000#
Hot Topic Overview
Overview
Bitcoin prices surged past $105,000 on the eve of Trump's inauguration, hitting a new high since 2025. Market expectations are widespread that Trump will adopt pro-crypto policies, including establishing a national Bitcoin reserve, which would change the regulatory environment for cryptocurrencies in the U.S. Anticipation of Trump's policies and positive news from the U.S. CPI inflation report have both contributed to the strong rebound in Bitcoin prices. While there are risks of a market pullback, analysts are generally bullish on Bitcoin's future trajectory, expecting prices to reach $128,000 in the coming months.
Ace Hot Topic Analysis
Analysis
With Trump’s upcoming inauguration, the market widely expects him to adopt pro-cryptocurrency policies, propelling Bitcoin prices to break through $105,000, hitting a new high since 2025. Speculation of Trump potentially establishing a national Bitcoin reserve and rumors of him issuing an executive order elevating digital assets to “national priority” have fueled Bitcoin’s surge. Additionally, Bitcoin spot ETFs saw a combined net inflow of $1,381 million over the past two days, reflecting investor optimism towards cryptocurrencies. However, market analysts also caution that a significant price correction could occur if Trump fails to follow through with planned deregulation of digital assets and begins increasing the national Treasury's BTC holdings.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration could bring major changes to cryptocurrency policy, with markets expecting the new president to push the US to become a leader in the cryptocurrency space and potentially establish a national Bitcoin reserve.
Trump may issue an executive order elevating digital assets to a "national priority" and establishing an advisory board of industry members to provide policy recommendations.
Bitcoin broke through its local high from last week, as well as its downtrend that had held for several weeks, targeting its all-time high from December.
The Bitcoin rally may be related to investor concerns easing over the US CPI inflation report, as well as speculation over potential crypto action from Trump.