Will Bitcoin break $ 100,000 before the Trump Checks summit?

Bitcoin prices began to rise several times since US President Donald Trump described himself as encrypted during his presidential election in 2024. Praison Price jumped before the opening ceremony of the president, and now after President Trump took the scene and announced the Crypto Strategic Reserve, which was first identified in the White House Crypt Summit in the seventh of March.

The price of Bitcoin has pumped to 92 thousand dollars today, an increase of approximately 5 % in the past 24 hours before the Donald Trump’s Crypto summit that will be held at the White House on March 7. With the price of the BTC steadily increasing, Altcoins appear like Sol, XRP and DOGE signs of a bullish gathering.

Currently traded at 91,500 dollars, the Bitcoin price increased by 5.90 % to the daily high of 92,760 dollars earlier today from the lowest level in 87,500 dollars – according to Coinmarketcap data.

The advertisement issued by President Donald Trump incited Trump Reserve Chefir Bitcoin (BTC), XRP, Solana (SOL) and Cardano (Ada) a huge discussion between the public. People noticed Trump’s initial supervision of Bitcoin and Ethereum before adding them to the list through a later post.

All other digital assets are located under Bitcoin due to the super liquidity along with safety and decentralized network elements.

Trump has never abandoned the support of the decentralized bitcoin network and its previous data that Bitcoin will form part of any American digital asset reserves.

Many altcoins have seen along with Dogoin (DOGE) the largest increases between the 10 best encryption origins while the bitcoin value continued up. The DOGE price increased by 7 percent throughout the day when it reached $ 0.22 in Binance along with other major encrypted currency platforms.

The encryption market continues to grow steadily, and the surrounding expectation of the upcoming Trump summit may cause analysts to exceed the bitcoin currency of $ 100,000 before the March 7 approach. The last huge bitcoin prices show that investors expect significant developments because institutions and governments may begin to support their use directly.

The future price of Bitcoin shows promising changes due to the TROMP CRYPTO backup. The Bitcoin Strategic Reserve can create its role as important US economic assets while attracting new investors who want safe digital currencies during financial fluctuations.

The original decentralized network that allowed Bitcoin to pay on the other altcoins to put it in the market leadership today. Institutional participation, along with organizational guidance, as well as adopting the digital assets market creates strong opportunities for bitcoin that amount to $ 100,000 or by exceeding this sign.

The rapprochement between the strong forces associated with the Trump Summit indicates that Bitcoin may achieve another high price in the near future even though the exact predictions are still impossible.

The encryption world faces an important milestone through this summit with promising effects on Bitcoin to exceed the threshold of $ 100,000. Current currency market with bitcoin conflicts through the most dynamic development phase with the Trump Summit approaching.

Also read: Tom Li expects that Bitcoin can exceed $ 150,000 in 2025