#BinanceMegadropSolv
Bitcoin (BTC) breaks the $100,000 level for the first time in 2025 on Monday, rallies to $101,184. Bitcoin’s price rally is likely powered by a nearly 100% increase in options trade volume in the past 24 hours, according to Coinglass data.
President-elect Donald Trump’s inauguration ceremony is two weeks away, and traders are anticipating pro-crypto regulation and policy during Trump’s Presidency.
Two key market movers driving the recent Bitcoin gains are the return of institutional capital inflow and a dwindling exchange supply of BTC.
Bitcoin rallies to $100,000 riding on these two catalysts
Bitcoin observed a decline in interest from institutional investors in the last two weeks of December. However, Farside Investors’ data on Spot Bitcoin Exchange Traded Fund (ETF) flows shows a streak of outflows for several consecutive days before institutional interest in BTC reignited in early January.