Bitcoin Price Surges Ahead of Trump’s 100-Day Speech: Can It Hit $100,000?

Bitcoin has surged past $95,490 as the market anticipates Trump’s 100-day speech amid ongoing speculation about Bitcoin’s strategic reserve proposal. Investors moved $4 billion worth of Bitcoin off exchanges since last week, reflecting a cautious yet bullish sentiment. Declining inflation rates and potential tariff implications could weigh on broader markets, while many see Bitcoin as a safe haven during geopolitical uncertainty.

Bitcoin’s recent price movements have stirred interest as the cryptocurrency surged past $95,490 on a Monday bolstered by speculation surrounding former President Trump’s 100-day speech. As traders gear up, the market anticipates updates on critical crypto-related policies, particularly the Bitcoin strategic reserve proposal, which remains shrouded in ambiguity. Investors have been pulling Bitcoin off exchanges in droves, reflecting a noteworthy $4 billion exodus since Trump expressed views on rate cuts last week.

Monday’s trading session saw Bitcoin climbing approximately 0.8%, hitting $95,490.92 according to CoinGecko. The cryptocurrency shifted between about $92,950 and $95,490 during trades. When sizing up Bitcoin’s weekly performance, it’s looking good, boasting an 8.9% rise since last week and a significant 15% increase over the past month.

Interestingly, Bitcoin’s recent gains echo a similar rise in U.S. equities, particularly within tech stocks, as Trump’s 100-day agenda remains to be unpacked. A decisive statement on the Bitcoin strategic reserve could possibly send prices soaring towards the elusive $100,000 mark. Yet, should tariffs or husky budget cuts come into play, these factors may stifle Bitcoin’s upward trajectory in the short term.

When we zero in on inflation, there’s been a notable drop since Trump’s inauguration, with rates tumbling from a high of 9.1% in 2022 down to 2.4% recorded in March 2025. Trump has been quick to claim success in hoisting down inflation but concurrently promotes tariffs, which some economists argue could reignite price pressures. Current data from CME indicates a 90.1% likelihood of pausing rate cuts at the upcoming May FOMC meeting, amid speculations over Trump’s aggressive stance on the Federal Reserve.

Trump’s consistent advocacy for tariffs leaves an air of uncertainty hanging over U.S. stocks. Notably, his proposal to impose broad tariffs on foreign imports has generated trepidation among investors. However, this creates a potential upside for Bitcoin, which increasingly sees itself as a haven amidst geopolitical worries, drawing capital inflows as traditional markets face doubts. Year-to-date, Bitcoin has held steady with a 5.6% rise while major stock indices like the Nasdaq, S&P 500, and Dow Jones have all dipped around 5% this year.

As we look ahead, ongoing market instability during Trump’s early tenure has spotlighted Bitcoin as a potential refuge. The digital currency remains robust above the $90,000 threshold, signalling a possibly continued upward movement. On-chain analytics indicate significant outflows from trading platforms; in fact, over $4 billion worth of Bitcoin has been drained from exchanges since calls for rate cuts emerged.

With the sustained decrease in exchange supply and ongoing demand triggers, the optimism for Bitcoin to achieve that $100,000 milestone grows stronger.