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Bitcoin price remains at $106,000: is a new rally coming?

He bitcoin price consistently exceeds $106,000benefiting from the fall of the dollar index and optimism in the markets. Despite the lack of any cryptocurrency announcements from Trump, positive signs are emerging from regulators and industry executives.

Let’s see all the details in this article.

Bitcoin price recovers after setback: the news on crypto regulation

Bitcoin has experienced a significant rise in recent days, remaining above $106,000. This recovery comes after a temporary drop that had worried many traders.

The general context of the financial markets, influenced by the beginning of the new Trump administration, seems to support a positive feelingdespite the absence of specific statements on cryptovalue.

On January 21, the US dollar index (DXY) continued to fall, stabilizing slightly above the 108 mark, after hitting a two-year high on January 15.

This cooling has benefited not only the stock markets but also the cryptocurrency sector. Historically, a drop in DXY is usually correlated with a rise in the price of Bitcoin and other digital currencies.

that are perceived as valid alternatives to protect against fiat currency devaluation.

In this context, the main American stock indices, such as the S&P 500, the Dow Jones and Nasdaq, recorded gains of 1.21%, 0.82% and 2.79%, respectively.

These increases have been attributed to markets’ optimism toward Trump’s pro-business agenda, which promises business-friendly policies and a possible easing of international trade tensions.

Bitcoin’s rebound and Trump’s lack of crypto announcements

The price of Bitcoin (BTC) gained 3.8%, reaching an intraday high of $107,240. However, it failed to surpass the January 20 all-time high of $109,588.

Many analysts believe that the rally was helped by the market stabilization and renewed interest from institutional investors.

Despite the positive sentiment, many traders expressed disappointment in the absence of a specific executive order from President Trump on cryptocurrencies.

During his inaugural speech, there was no reference to Bitcoin or a possible strategy for a national reserve of digital assets.

This omission has raised doubts about true intentions of the Trump administration regarding the crypto sector, considering that during the election campaign several lobbies had financially supported his candidacy for the White House.

In any case, despite initial doubts, January 21 brought good news for crypto investors.

The United States Securities and Exchange Commission (SEC) has announced the formation of a new working group to develop a clear regulatory framework on digital assets.

Guided by the Commissioner Hester Pierce A long-time supporter of cryptocurrencies, this working group represents an important step toward more favorable and less fragmented regulation.

Even the commissioner Marcos Uyedaappointed interim president of the SEC, is seen as a figure who could bring greater balance to the regulatory debate.

This measure has raised hopes of a clearer and more stable future for investors and companies operating in the sector.

Banks and companies ready for cryptocurrency adoption

Another element of optimism was offered by the statements of the CEO of Bank of America, Brian Moynihan During the World Economic Forum in Davos.

Moynihan highlighted how banks are prepared to implement cryptocurrency payments, as long as the regulatory framework offers the necessary guarantees:

“We already have hundreds of patents on blockchain and are ready to enter this field if conditions allow.”

Additionally, Moynihan added that cryptocurrency adoption could represent a significant revolution for the global financial system.

These words align with the forecasts of Matt Hougan Bitwise Chief Investment Officer, who has repeatedly argued that companies entering the Bitcoin market could have a much larger impact than analysts predicted.

In any case, despite some short-term uncertainties, the future of Bitcoin looks promising.

As 2025 begins, global macroeconomic dynamics, strengthening crypto infrastructures, and rising institutional interest are creating fertile ground for further growth.

Attention now turns to the ability of regulatory institutions and industry stakeholders to collaborate to build a solid and sustainable ecosystem.

For investors, the advice remains to closely monitor both global economic policies and regulatory developments in the field of cryptocurrencies.

In a context in which markets are increasingly interconnected, Bitcoin seems destined to continue being a reference point for investors looking for valid and innovative alternatives.

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