- Bitcoin surged to $95,490, with the market waiting with bated breath for Trump's 100-day governance speech. Over the past week, investors have withdrawn over $4 billion in BTC from exchanges, releasing a strong bullish signal.
- Trump's policy combination—including a potential Bitcoin strategic reserve and renewed tariff threats—is creating a landscape of opportunities and risks. As the stock market comes under pressure, Bitcoin is benefiting from growing safe-haven demand.
- On-chain data shows a sharp decline in Bitcoin reserves at exchanges. If market momentum and supply tightening continue, the conditions for breaking the $100,000 mark are maturing.
Strong Rebound on Monday
Bitcoin (BTC) rebounded strongly on Monday to $95,490, just as the market prepares for Trump's 100-day speech. As the cryptocurrency-specific policy announcement approaches, investors are beginning to adjust their positions—with on-chain data already hinting at this.
Driving Force Above $95,000
CoinGecko data shows Bitcoin rose 0.8% in 24 hours, reaching $95,490.92. During Monday's trading session, BTC oscillated between $92,953 and $95,490, maintaining recent upward momentum. Its weekly performance is also robust, rising 8.9% from the previous Monday, with a cumulative gain of about 15% over the past 30 days. The crypto market is closely watching whether Trump will provide a clear stance on the rumored Bitcoin strategic reserve proposal.
Major Fund Migration
Following Trump's controversial call for rate cuts, over $4 billion in Bitcoin flowed out of exchanges in the past week. Investors are apparently moving tokens to cold wallets, which is typically a precursor to a price surge.
Crypto Effect of Trump's 100-Day Governance
Bitcoin's current rally is not an isolated event—it's moving in sync with US stocks, especially tech giant stocks, as the market tries to predict signals from Trump's speech. Analysts say if Trump officially supports a Bitcoin reserve, it could trigger a parabolic rise to $100,000. Conversely, if focus shifts too much to tariffs or severe budget cuts, it could impact the overall market and limit Bitcoin's short-term upside.
TradingEconomics data shows inflation has dropped from 9.1% in 2022 to 2.4% in March 2025. Trump quickly credits himself, but economists warn his pro-tariff policies could reignite inflationary pressures.
Rate Cut Expectations Cool Down
Despite Trump's strong push for rate cuts and even threats to replace Fed Chair Powell, the CME FedWatch tool shows a 90.1% probability of maintaining rates at the May 7th meeting. In short: the market has heard Trump's demands but isn't buying in.
Asset Rotation Under Tariff Clouds
Trump's continued tariff rhetoric continues to hit US stocks (especially tech stocks dubbed the "Magnificent Seven"), and this uncertainty actually benefits Bitcoin—its "digital gold" safe-haven attributes are gaining recognition.
In comparison, Bitcoin is up 5.6% this year, while Nasdaq, S&P 500, and Dow Jones have all fallen 5% in the same period. Investors fleeing volatile traditional financial markets are beginning to favor Bitcoin's relative strength.
$100,000 in Sight?
Geopolitical tensions and market anxiety within Trump's first 100 days have unexpectedly become a tailwind for Bitcoin. BTC's defense of the $90,000 mark amid the noise is significant, both demonstrating resilience and preserving hope of reaching $100,000.
CryptoQuant on-chain data reveals key trends:
• Bitcoin reserves at exchanges have decreased by over $4 billion since April 22
• Weekly deposit scale dropped sharply from $237.8 billion to $233.8 billion
• Potential supply tightening is forming
If demand remains hot while available supply continues to shrink, Bitcoin's breakthrough to six digits might come sooner than most expect.
