Why Is Bitcoin (BTC) Price Rallying Today?

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The Bitcoin (BTC) price surged toward $100,000 in early July 2025, briefly touching $101,784 before settling around $101,440 by 6 PM. This sharp rally—up 4.88% in 24 hours—has sparked widespread speculation across the crypto community. While market dynamics such as strong ETF inflows are contributing, much of the momentum appears tied to geopolitical anticipation: former U.S. President Donald Trump’s announcement of a "big news conference" scheduled for May 8 at 10 AM ET in the Oval Office.

Though the event occurred months prior, its lingering market impact suggests investors may be re-evaluating policy implications for digital assets. Trump hinted the announcement would involve a major trade deal with a “big and highly respected country,” fueling optimism about macroeconomic stability and potential pro-crypto regulatory shifts.

👉 Discover how global events influence crypto markets and what’s next for Bitcoin.

Market Reaction to Trump’s Announcement

While no explicit mention of cryptocurrency was made during the May 8 address, markets interpreted the tone of the announcement as favorable for risk assets. Bitcoin responded swiftly, climbing from $95,700 to nearly $99,400 within eight hours. The momentum lifted broader altcoins as well, with Ethereum gaining over 6% and positive spillover effects seen across mid- and large-cap digital assets.

Crypto analyst Loma commented on the unusual price action:

“Common sense traders, like me, mostly sidelined and in shambles.”

This sentiment reflects growing concern that market movements are being driven more by speculation and sentiment than technical or on-chain fundamentals. Some experts suggest that institutional positioning ahead of anticipated macro developments may have led to front-running behavior—buying in anticipation of positive news—which could set the stage for a "sell-the-news" correction.

Despite short-term volatility, the rally underscores Bitcoin’s increasing sensitivity to macro-level political and economic narratives—not just supply-demand mechanics.

Role of Spot Bitcoin ETFs in Sustaining Momentum

A key structural driver behind Bitcoin’s resilience is the surge in spot Bitcoin ETF inflows. Over the past two weeks, net inflows have surpassed $3 billion, signaling strong institutional and retail demand. These funds are now among the most actively traded financial products in traditional markets, with BlackRock’s IBIT recently ranking as one of the firm’s top-performing funds.

The ETF influx reflects a broader shift: Bitcoin is increasingly viewed not just as a speculative asset but as a strategic hedge against inflation and currency devaluation—often compared to gold in modern portfolios.

This institutional adoption helps absorb sell pressure during volatile periods and provides foundational support for price floors. Even during corrections, sustained ETF demand can prevent deep drawdowns, allowing bulls to regroup near key psychological levels like $95,000–$98,000.

👉 See how ETF trends are reshaping Bitcoin investment strategies.

Will Bitcoin Sustainably Hit $100K?

Revisiting the $100,000 milestone is psychologically significant, but sustainability depends on more than headlines. For Bitcoin to maintain this level, several conditions must align:

Currently, BTC is undergoing a minor correction—down 0.65% from its intraday high—suggesting traders are taking profits after the rapid run-up. Whether this pause turns into a deeper pullback or merely a consolidation phase hinges on post-announcement follow-through.

Technical analysts emphasize that holding above $99,500 is critical for maintaining bullish structure. A daily close above $100,500 could trigger further upside toward $105,000–$110,000. Conversely, failure to defend $97,000 might invite sellers back into control.

Core Keywords Driving Market Sentiment

Understanding Bitcoin’s price action today requires tracking a blend of technical, macroeconomic, and sentiment-driven factors. Key terms dominating discussions include:

These keywords reflect both immediate triggers and long-term structural shifts shaping investor behavior.

Frequently Asked Questions (FAQs)

Q: What caused the recent Bitcoin price rally?
A: The rally was primarily triggered by market speculation around Donald Trump’s May 8 announcement of a major trade deal, combined with robust spot Bitcoin ETF inflows exceeding $3 billion in two weeks.

Q: Did Trump mention Bitcoin in his speech?
A: No, Trump did not directly reference Bitcoin or cryptocurrency. However, the positive market sentiment from his announcement influenced risk appetite across financial markets.

Q: Is Bitcoin likely to sustain prices above $100,000?
A: Sustainability depends on continued institutional demand, technical strength, and macro conditions. While a brief retest is possible, lasting above $100K requires strong volume and reduced leverage.

Q: How do spot Bitcoin ETFs affect price?
A: Spot ETFs increase accessibility for traditional investors, driving consistent capital inflows that support price floors and reduce volatility over time.

Q: Could this be a "sell-the-news" event?
A: Yes. Since the rally began before the announcement, some traders may take profits afterward, leading to short-term downside pressure.

Q: What should investors watch next?
A: Key indicators include daily ETF flows, BTC dominance trends, macroeconomic data (like CPI and Fed policy signals), and technical levels around $97K (support) and $105K (resistance).

👉 Stay ahead with real-time data and expert analysis on Bitcoin’s next move.

Final Outlook: Beyond Headlines

While political headlines can ignite short-term fireworks, lasting value creation in Bitcoin stems from deeper adoption trends. The confluence of regulatory clarity in major markets, growing integration with traditional finance via ETFs, and increasing recognition as a digital reserve asset all contribute to a maturing ecosystem.

For traders, navigating these waters requires balancing sentiment-driven opportunities with disciplined risk management. For long-term holders, volatility remains a feature—not a flaw—of an emerging asset class redefining global money.

As the market digests recent events, one thing is clear: Bitcoin is no longer moving in isolation. It reacts to politics, policy, and perception as much as it does to hash rates and halvings. Understanding this evolving relationship is essential for anyone serious about crypto investing in 2025 and beyond.