- Bitcoin climbed above $95,490 Monday forward of Trump’s 100-day speech, eyeing coverage readability.
- Potential affirmation of a US Bitcoin strategic reserve might be a significant 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 energy 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 evaluation speech.
Amidst a fancy macroeconomic backdrop formed by Trump’s second time period insurance policies, on-chain information exhibiting important Bitcoin withdrawals from exchanges added gas 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 evaluation
After a interval of consolidation, Bitcoin costs pushed greater, reaching ranges above $95,490 in response to CoinGecko information, marking an 0.8% achieve over 24 hours and reflecting a strong 8.9% improve week-over-week.
This worth motion mirrored good points seen in US fairness markets, significantly amongst high know-how shares, as buyers awaited readability from Trump’s handle.
Crypto-related insurance policies have been a notable function of Trump’s second time period up to now, and market members are significantly 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 robust catalyst, doubtlessly 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 total market sentiment, doubtlessly 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 doubtlessly inflationary – creates rigidity.
The President has claimed victory over inflation whereas concurrently pushing for insurance policies that would reignite worth pressures.
This backdrop informs Trump’s not too long ago intensified requires the Federal Reserve to chop rates of interest, together with public strain and threats geared toward changing Fed Chair Jerome Powell.
Whereas these pronouncements have sparked market hypothesis, information from the CME FedWatch device nonetheless signifies a dominant (90.1%) chance that the Fed will preserve present charges at its upcoming Could 7 FOMC assembly.
Nevertheless, the administration’s deal with tariffs (“impose across-the-board tariffs on most foreign-made goods”) 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 good points 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 appeal to additional capital inflows.
On-chain flows sign accumulation?
Including weight to the bullish case is compelling on-chain information indicating important Bitcoin motion off cryptocurrency exchanges.
Evaluation from CryptoQuant reveals that buyers have withdrawn over $4 billion value of Bitcoin from tracked alternate wallets since Trump’s current requires charge cuts started round April 22.
Whole alternate reserve balances reportedly fell from $237.8 billion to $233.8 billion throughout this era.
This development of cash leaving exchanges is usually interpreted bullishly, because it suggests buyers are transferring Bitcoin into personal storage (“cold wallets”) for longer-term holding moderately than holding it available on the market on buying and selling platforms.
This discount in simply accessible provide, coupled with doubtlessly regular or rising demand triggers (just like the safe-haven narrative or strategic reserve information), strengthens the argument for a possible worth breakout.
Bitcoin assessments $95K resistance, eyes $100K breakout
With demand components seemingly energetic and alternate provide tightening, the technical image comes into sharp focus. Bitcoin is at present testing the numerous resistance zone round 95,000−95,500.
Efficiently overcoming and holding above this stage is seen as essential for confirming the following leg greater.
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 information suggesting the stage might be set for such a transfer.
