Why does Bitcoin rise today? Trump Sparks is the strongest increase in 4 months – TradingView news

This announcement – actually in support of these cryptocurrencies at the highest level of the government – immediately sent high prices via the encryption market.

Bitcoin, the largest cryptocurrency in the world, jumped about 10 % on the news, and briefly trading around 93,000 – 95,000 dollars.

Bitcoin price has increased more since November. Source: CoinmarketCap

Positive developments that raised the price of bitcoin also caused a ripple effect in the cryptocurrency market, where many wheels (alternative cryptocurrencies) recorded great gains.

Below is a look at how to compare the BTC movement with a few of the main altcoins and what paid its prices: ETHEREM jumped about 13 % to about $ 2,516. In total, the value of more than $ 300 billion has been added to the market value of the Crypto Market within hours of Trump’s message, according to CONINECKO data

Altcoin performance against Bitcoin (last 24 hours):

Why is Bitcoin rise today? BTC/USDT Technical Analysis

As proposed in my last technical analysis of Bitcoin, the fate of the BTC price depends on movements of about $ 80,000 and 200 EMA. Although BTC has temporarily decreased below this decisive average that separates the bull markets and the bear, the main support provides the bulls with the platform needed for reversion, and simultaneously drawing the formation of the opposite of one textbooks.

We are talking about a bullish pin (or hammer) strip with a very long removal, which was a clear indication of buyers: we intend to defend this level and buy bitcoin currencies in the vicinity.

This provided a platform for a stronger apostasy, and Donald Trump added fuel to the fire, which allowed the Bitcoin price to return to the scope of monotheism that was drawn since November, between 90-92,000 dollars (support) and $ 108,000 (resistance).

Why does Bitcoin rise? Technical analysis. Source: TradingView.com

If the price of Bitcoin is higher than this level, then testing the highest new levels ever (ATH) is, in my opinion, a matter of time only.

Pactin price levels and resistance levels

Bitcoin’s total factors: inflation, interest rates and economic trends

In addition to the noise of Trump’s encryption, macroeconomic factors provide a background for bitcoin height. During the past few weeks, investors analyzed economic data and central bank signals that affect all risk assets, including cryptocurrencies. Several directions emerge:

• Display fears and pricing bets: The recent US economic data was amazingly soft, which raised concerns about the potential economic slowdown
• The dynamics of inflation and currency: inflation was a double bitcoin sword. On the one hand, high inflation increases Bitcoin as “digital gold” – one of the solid assets with covered width. On the other hand, if inflation rises very quickly, it forces central banks to tighten policy (which can harm the origins of risk).
• Risk Investor appetite: The global market morale improved in early March. The stock markets, which were exposed to losses in February, were a late recovery as investors hoped to reduce central banks from tightening. In the United States, the S&P 500 and Nasdaq ended last week in a march.

The high price of bitcoin today does not happen in a vacuum. It partly rides the wave of total economic trends. It has made inflation in cooling, the possibility of low interest rates, and a risk -friendly market environment, that it is easy for Bitcoin to attract buyers.

Bitcoin on-Shein Data Insights: Main standards

The data on the series confirms the existence of a healthy gathering supported by wide participation, the strategic situation of “smart funds”, and the relaxation of short positions, all of which contributes to increasing bitcoin prices.

Common questions: common questions about increased bitcoin prices

Did Donald Trump really cause bitcoin?

Yes – Trump’s advertisement was a major operator of the gathering. In a publication on March 2, 2025, plans to an American encryption reserve, including bitcoin and many altcoins. This unprecedented support by the former US president (and now again) immediately strengthened the market confidence. Bitcoin jumped about 10 % within hours of news.

Why is Bitcoin rise now?

The last executive of President Donald Trump, which creates a strategic coding reserve, which includes bitcoin, has greatly confidence in investors. This step indicates the official recognition of digital assets within the American financial system. In addition, the expectation of interest rates by major central banks in 2025 creates a feeling of risks that prefer cryptocurrencies.

How much will the Bitcoin value at a value of $ 1 in 2025?

Predictions indicate that Bitcoin may reach between $ 125,000 and $ 250,000 by 2025. If these predictions are achieved, $ 1 may be estimated at 33 % to 166 %. It is important to note that these speculative projections and actual performance may vary greatly due to market conditions, organizational changes and technological developments in the coded currency area.

How much is the sale of bitcoin for today?

As of March 3, 2025, Bitcoin is traded at a price of about 93,913.86 dollars. This price represents a large recovery from its last lowest level around $ 78,200 seen in late February. The cryptocurrency showed elasticity, recovering strongly after a period of volatility. It should be noted that the price of Bitcoin is currently about 13.86 % less than its highest level ever at 109,026.02 dollars.