- 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 direction of $100K.
- Bitcoin exhibits resilience (YTD +5.6%) vs. US shares (YTD -5%) amid tariff uncertainty, boosting safe-haven enchantment.
Bitcoin demonstrated renewed power on Monday, climbing again above the numerous $95,000 mark because the broader monetary markets turned their focus in direction of President Donald Trump’s upcoming 100-day coverage overview speech.
Amidst a fancy macroeconomic backdrop formed by Trump’s second time period insurance policies, on-chain knowledge exhibiting vital Bitcoin withdrawals from exchanges added gas to bullish sentiment, prompting hypothesis a couple of potential push in direction of the $100,000 milestone.
Anticipation builds forward of Trump’s 100-day overview
After a interval of consolidation, Bitcoin costs pushed greater, reaching ranges above $95,490 in keeping with CoinGecko knowledge, marking an 0.8% acquire over 24 hours and reflecting a sturdy 8.9% improve week-over-week.
This value motion mirrored positive aspects seen in US fairness markets, notably amongst high know-how shares, as traders awaited readability from Trump’s handle.
Crypto-related insurance policies have been a notable characteristic 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 may function a robust catalyst, doubtlessly triggering a fast (“parabolic”) transfer in direction of and past $100,000.
Conversely, renewed emphasis on aggressive tariff methods or drastic funds cuts within the speech may dampen general market sentiment, doubtlessly capping Bitcoin’s near-term upside regardless of its latest resilience.
Macro crosscurrents: tariffs, inflation, and Fed stress
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 pattern (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures broadly warned by economists as doubtlessly inflationary – creates pressure.
The President has claimed victory over inflation whereas concurrently pushing for insurance policies that would reignite value pressures.
This backdrop informs Trump’s just lately intensified requires the Federal Reserve to chop rates of interest, together with public stress and threats aimed toward changing Fed Chair Jerome Powell.
Whereas these pronouncements have sparked market hypothesis, knowledge from the CME FedWatch device nonetheless signifies a dominant (90.1%) likelihood that the Fed will preserve present charges at its upcoming Could 7 FOMC assembly.
Nonetheless, the administration’s concentrate on 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 positive aspects 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 may entice additional capital inflows.
On-chain flows sign accumulation?
Including weight to the bullish case is compelling on-chain knowledge indicating vital Bitcoin motion off cryptocurrency exchanges.
Evaluation from CryptoQuant reveals that traders have withdrawn over $4 billion value of Bitcoin from tracked change wallets since Trump’s latest requires charge cuts started round April 22.
Whole change reserve balances reportedly fell from $237.8 billion to $233.8 billion throughout this era.
This pattern of cash leaving exchanges is commonly interpreted bullishly, because it suggests traders are shifting Bitcoin into personal storage (“cold wallets”) for longer-term holding somewhat than protecting it available on the market on buying and selling platforms.
This discount in simply accessible provide, coupled with doubtlessly regular or growing demand triggers (just like the safe-haven narrative or strategic reserve information), strengthens the argument for a possible value breakout.
Bitcoin assessments $95K resistance, eyes $100K breakout
With demand elements seemingly energetic and change provide tightening, the technical image comes into sharp focus. Bitcoin is at the moment 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 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 knowledge suggesting the stage may very well be set for such a transfer.
