#CryptoSurge2025 The price of Bitcoin once again surpasses 106,000 dollars driven by the decline of the US dollar index and the positive reaction of the markets to Trump's pro-US agenda.

Following the good mood observed in the markets, Bitcoin also rose, gaining 3.8% to reach an intraday high of 107,240 dollars. Although BTC (BTC) did not manage to surpass its all-time high of January 20 of 109,588 dollars, the recovery is likely welcome, especially after anxious investors expressed their disappointment that President Trump did not mention cryptocurrencies on Inauguration Day and the absence of an executive order related to a strategic reserve of Bitcoin or cryptocurrencies in general.

The US Securities and Exchange Commission took the first step towards reforming US cryptocurrency regulatory policy on January 21 by revealing a new cryptocurrency task force aimed at developing a new framework for digital assets. The task force is led by Commissioner Hester Peirce, a long-time advocate for cryptocurrencies, and many investors are already pleased with the appointment of Commissioner Mark Uyeda, who currently serves as the interim chair of the SEC.

Bitcoin also seemed to react positively to comments from Bank of America CEO Brian Moynihan, who said that banks around the world would be thrilled to make crypto payments 'become something real' if regulations provided enough clarity to do so.