Bitcoin (BTC) $103,062.1reached its strongest price level in terms of the US dollar in 2025 and broke a new record against the British pound. This development comes as expectations for a crypto-friendly era increase with the inauguration of Donald Trump next week.
Developments in the Crypto Market
BTC is up 5.2% in the last 24 hours, surging above $105,000 in the US session. CoinDesk 20 Index also entered an upward trend under the leadership of BTC. Among the index components, only NEAR and Litecoin 
$126.9 (LTC) moves in parallel with Bitcoin’s gains, while Solana (SOL) and Ethereum (ETH) 
$3,267.2 It was left behind with a 3% increase. XRP, on the other hand, decreased by 4%.
Crypto-related stocks are also in an upward trend. MicroStrategy, the largest institutional holder of BTC, was up 7%, while Coinbase was up 4.5%. MARA Holdings, one of the major Bitcoin miners, stood out with a 13% increase.
Besides these, Spot Bitcoin ETFs received $1.381 billion in net inflows in the last two days. Ether spot ETFs also had their strongest day in more than a month, receiving $166 million in inflows. BlackRock’s Ishares Bitcoin Trust ETF recorded $1 billion in trading volume in the first hour of the session. “Right now $108,000 is short-term target resistance,” said Alex Thorn, head of research at Galaxy.
All Eyes on Trump
The most important development is expected before Trump takes office on January 20. During the campaign, Trump promised to make the United States a leader in crypto and create a national Bitcoin reserve. According to Bloomberg, Trump plans to issue an executive order that would make digital assets a “national priority.”
“Bitcoin’s technical outlook remains very constructive for BTC,” said John Glover, Ledn’s chief investment officer.
Bitcoin managed to break through the multi-week downtrend by targeting the December record price. Glover stated that Bitcoin could reach $128,000 in the coming months and stated that the possibility of returning to recent low levels is decreasing.
As a result, in the Bitcoin market, Trump’s positive crypto policies and ETF flows contribute to the rise in prices. Investors are closely following the new administration’s steps towards digital assets. Bitcoin’s future performance may depend on how these policies are implemented.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
