$BTC 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 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.