Bitcoin Hits New ATH As Analyst Predicts Trump BTC Reserve On Day 1 And Michael Saylor Hints At $100K BTC Buy
Bitcoin hit a new all-time high (ATH) amid speculation that Donald Trump could order a BTC reserve on his first day in office, while MicroStrategy co-founder Michael Saylor hinted at making Bitcoin purchases above $100K for the first time. The crypto market leader’s price surged to a new peak of $106,488.25 in the past 24 hours before paring gains to trade at $105,260.35 as of 1:34 a.m. EST. Trump Might Order A 200K BTC Buy Order In January 2025 The jump in BTC’s price follows a podcast interview between Strike CEO Jack Mallers and YouTuber Tim Pool. During the interview, the Strike CEO said the incoming US President might act on provisions called the “Dollar Stabilization Act,” which grants him considerable authority to protect the US Dollar. Mallers predicted that Trump will issue an executive order to purchase Bitcoin to build the strategic reserve to combat ballooning debt in the US. Mallers then noted that the purchase “wouldn’t be the siz...