Crypto General "BTC Successfully Breaks Through Key Point Today"
Ted "BTC to Surpass $100,000 Following Gold Flow"
US BTC Spot ETF Records Net Inflow of 1.18 Trillion Won on the 22nd
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Bitcoin broke through $93,000 on the 23rd following Trump's comments on easing trade war tensions and resolving conflicts with the Federal Reserve Chair.
On the 22nd, during a White House office speech, President Trump responded to a question about tariffs on China, saying they would "significantly decrease but not reach 0%". As the president who had previously predicted a 145% tariff showed a much softer stance, the asset market turned bullish.
Additionally, when asked about his relationship with Federal Reserve Chair Jerome Powell, Trump stated, "I have no intention of firing him" and "I hope he becomes more proactive about interest rate cuts".
Following Trump's consecutive comments, the Bitcoin and cryptocurrency market rebounded from the morning of the 23rd. Many experts believe the current upward trend is extraordinary.
Bitcoin trader Michael Sullivan posted on X on the 23rd, "Bitcoin is showing the most surprising performance in one-minute candles".
An anonymous crypto trader, Crypto General, pointed out on X, "Bitcoin is showing a typical rally pattern and has broken through key points today".
Crypto commentator Ted also predicted on his X account, "Bitcoin will catch up with gold" and "Bitcoin will now challenge the $100,000 mark".
Data supporting Bitcoin's rally also exists. According to data released by financial data platform SoSoValue on the 23rd, the net inflow of Bitcoin spot ETFs in the US on the 22nd was 1.18 trillion won, matching the figures recorded in October and November 2024. In fact, Bitcoin continued to set new highs from late November to early December 2024.
Reporter Seung-won Kwon ksw@blockstreet.co.kr
