Bitcoin News: Surge in US Investor Demand Ahead of Trump’s Inauguration

Bitcoin is witnessing a significant uptick in demand from US investors, as evidenced by the rising Coinbase Premium Index. This trend highlights growing confidence in Bitcoin's price trajectory.

Bitcoin Records Inflows from US Investors Ahead of Donald Trump’s Inauguration

Bitcoin is experiencing increased demand from American investors, as indicated by the rising Coinbase Premium Index. This index, which measures the price difference between BTC on Coinbase and Binance, has surged by 116% in the past seven days, now sitting above the zero line at 0.02. The increase suggests stronger buying pressure from US-based investors, reflecting growing confidence in Bitcoin's upward price trajectory as Donald Trump's inauguration approaches.

Bitcoin Price Could Surpass $200,000 In 2025, Blockchain Firm Sets Target

The Bitcoin price has shown a strong recovery in recent days, breaking through the $100,000 ceiling on January 16, 2025. This marks a significant milestone as the cryptocurrency reached its highest level of the year at $105,000. According to a report by blockchain intelligence firm CryptoQuant, this could be the beginning of a major rally for Bitcoin, with the price potentially surpassing $200,000 by the end of 2025. The report highlights the potential trajectory of Bitcoin over the next 12 months, suggesting that 2025 could be a peak year for the cryptocurrency.

Bitcoin Reclaims Crucial Liquidity Level – No Resistance Left Below ATH

Bitcoin is trading NEAR the $103,000 level following a highly bullish Friday that has energized the market. The recent surge has positioned BTC for a potential rally toward new all-time highs, with analysts closely monitoring its next moves. This renewed momentum comes after a significant breakout that many believe has cleared the path for further price appreciation. Top analyst Jelle has shared a technical analysis that highlights the bullish outlook for Bitcoin. According to Jelle, BTC now faces virtually no resistance following the recent breakout, suggesting that the cryptocurrency could be poised for a rapid ascent. This lack of overhead resistance is a rare and encouraging sign, bolstering investor confidence in Bitcoin’s ability to sustain its upward trajectory. The coming days will be pivotal for Bitcoin.

Assessing Bitcoin's Price Trajectory Amid Market Changes

Recent market activities including the liquidation of short positions, a rise in Open Interest, and an increase in smart long positions have led to speculation about Bitcoin's price nearing a local top. These developments suggest a shift in market sentiment and could influence Bitcoin's short-term price movements. The liquidation heatmap indicates significant activity near the $100,000-mark, highlighting the impact of recent price rallies.

What Are Bitcoin’s Critics Really Afraid of?

A recent opinion piece in The Nation by TIME Business reporter Sam Gustin warns readers about cryptocurrency and Donald Trump. The article quotes Nobel Prize-winning economist Joseph Stiglitz, who expresses concerns about self-dealing and conflicts of interest within the Trump administration. Stiglitz criticizes the administration for engaging in wealth redistribution that benefits billionaires, potentially leading to higher prices and reduced consumer protections. The piece highlights the irony of a president elected on a populist platform enacting policies that favor the wealthy.