Bitcoin rebounds as high as $95,490 on Monday, as Trump’s 100-day speech dominates macro news. On-chain data shows $BTC deposits on exchanges declined by $4 billion in the past week. Here’s how these insights could impact Bitcoin $100,000 breakout prospects in the near-term.
Bitcoin ($BTC ) retakes $95K as market awaits Trump’s 100-day speech
Bitcoin posted strong gains as crypto markets turned cautious ahead of Trump’s 100-day on Monday. Crypto-related policies have featured prominently so far in Trump’s second-term presidency, but markets await clarity on the Bitcoin strategic reserve proposal.
On-chain data shows investors moved over $4 billion in Bitcoin off exchanges since Trump’s controversial call for a rate cut last week
Bitcoin (BTC) rose above $95,490 on Monday as investors reacted to fresh market catalysts on Monday. Bitcoin rose 0.8% over the last 24 hours, reaching $95,490.92, according to CoinGecko data.
As seen above, BTC traded between $92,953.34 and $95,490.92 during the session. Weekly performance remains positive, with Bitcoin up 8.9% from last Monday and 15.0% higher over the past 30 days.
100-day review: Impact of Trump’s policies on Bitcoin price
Bitcoin’s rally mirrors gains in U.S. equities, with top technology stocks rising ahead of Trump's speech. Market participants are closely watching for crypto-specific regulatory updates.
A definitive announcement on a Bitcoin strategic reserve could trigger a parabolic move towards $100,000. However, renewed focus on tariffs or aggressive budget cuts could weigh on broader markets and cap Bitcoin’s upside in the short term.
Declining inflation
Since Trump’s inauguration, US inflation has declined steadily. According to TradingEconomics data, inflation has flattened from a 9.1% peak in 2022 to 2.4% in March 2025. Trump has claimed victory over inflation but continues to advocate tariffs, a move economists warn could reignite price pressures.
