- Bitcoin climbed above $95,490 Monday forward of Trump’s 100-day speech, eyeing coverage readability.
- Potential affirmation of a US Bitcoin strategic reserve may very well be a serious catalyst in the direction of $100K.
- Bitcoin exhibits resilience (YTD +5.6%) vs. US shares (YTD -5%) amid tariff uncertainty, boosting safe-haven attraction.
Bitcoin demonstrated renewed power on Monday, climbing again above the numerous $95,000 mark because the broader monetary markets turned their focus in the direction of President Donald Trump’s upcoming 100-day coverage evaluate speech.
Amidst a posh macroeconomic backdrop formed by Trump’s second time period insurance policies, on-chain knowledge displaying important Bitcoin withdrawals from exchanges added gasoline to bullish sentiment, prompting hypothesis a couple of potential push in the direction of the $100,000 milestone.
Anticipation builds forward of Trump’s 100-day evaluate
After a interval of consolidation, Bitcoin costs pushed larger, reaching ranges above $95,490 in keeping with CoinGecko knowledge, marking an 0.8% acquire over 24 hours and reflecting a strong 8.9% improve week-over-week.
This value motion mirrored features seen in US fairness markets, notably amongst high know-how shares, as buyers awaited readability from Trump’s tackle.
Crypto-related insurance policies have been a notable function of Trump’s second time period to this point, and market individuals are notably eager for updates on proposals just like the potential creation of a US Bitcoin strategic reserve.
A definitive announcement confirming the strategic reserve initiative might function a strong catalyst, probably triggering a speedy (“parabolic”) transfer in the direction of and past $100,000.
Conversely, renewed emphasis on aggressive tariff methods or drastic price range cuts within the speech might dampen general market sentiment, probably capping Bitcoin’s near-term upside regardless of its current resilience.
Macro crosscurrents: tariffs, inflation, and Fed strain
The primary 100 days of Trump’s time period have been marked by distinct coverage tendencies influencing market dynamics.
Whereas US inflation has continued its downward development (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures extensively warned by economists as probably inflationary – creates rigidity.
The President has claimed victory over inflation whereas concurrently pushing for insurance policies that might reignite value pressures.
This backdrop informs Trump’s just lately intensified requires the Federal Reserve to chop rates of interest, together with public strain and threats aimed toward changing Fed Chair Jerome Powell.
Whereas these pronouncements have sparked market hypothesis, knowledge from the CME FedWatch software nonetheless signifies a dominant (90.1%) chance that the Fed will keep present charges at its upcoming Might 7 FOMC assembly.
Nevertheless, the administration’s concentrate on tariffs (“impose across-the-board tariffs on most foreign-made items”) continues to inject uncertainty into US inventory markets.
This uncertainty seems to be bolstering Bitcoin’s narrative as a possible safe-haven asset, comparatively insulated from direct geopolitical commerce spats and provide chain disruptions.
Notably, Bitcoin has posted year-to-date features of 5.6%, contrasting with declines seen within the S&P 500 and Dow Jones indices (down 5% YTD) throughout the identical interval.
Ought to Trump’s insurance policies proceed to foster volatility in conventional monetary (TradFi) markets, Bitcoin’s perceived resilience might entice additional capital inflows.
On-chain flows sign accumulation?
Including weight to the bullish case is compelling on-chain knowledge indicating important Bitcoin motion off cryptocurrency exchanges.
Evaluation from CryptoQuant reveals that buyers have withdrawn over $4 billion value of Bitcoin from tracked change wallets since Trump’s current requires price cuts started round April 22.
Complete change reserve balances reportedly fell from $237.8 billion to $233.8 billion throughout this era.
This development of cash leaving exchanges is commonly interpreted bullishly, because it suggests buyers are shifting Bitcoin into non-public storage (“chilly wallets”) for longer-term holding fairly than holding it available on the market on buying and selling platforms.
This discount in simply accessible provide, coupled with probably regular or growing demand triggers (just like the safe-haven narrative or strategic reserve information), strengthens the argument for a possible value breakout.
Bitcoin exams $95K resistance, eyes $100K breakout
With demand elements seemingly lively and change provide tightening, the technical image comes into sharp focus. Bitcoin is presently testing the numerous resistance zone round 95,000−95,500.
Efficiently overcoming and holding above this stage is seen as essential for confirming the subsequent leg larger.
The $100,000 psychological milestone stays the important thing upside goal within the close to time period, with the confluence of macro uncertainty, potential coverage catalysts from Trump’s speech, and supportive on-chain knowledge suggesting the stage may very well be set for such a transfer.