Bitcoin Hits $95K Amid Trump’s Tariffs, Even as States Race to Adopt
Despite recent market volatility, Bitcoin keeps proving resiliency in early 2025, hovering above $95,000. After President Trump announced 25% tariffs on steel and aluminum imports, BTC/USD dropped momentarily to $94,000 before reclaiming $95,000, highlighting the general resilience of the market.
Institutional Giants Dominate Bitcoin Holdings
With assets valued at $113.5 billion, U.S. spot Bitcoin ETFs have amassed about 5.91% of Bitcoin’s total supply. With $55.3 billion under management, BlackRock has become the main actor, owning over half of all U.S. Bitcoin ETF holdings. With 451,107 BTC valued at over $45.3 billion with its recent rebranding and increased dedication to cryptocurrency integration, Strategy—formerly MicroStrategy—keeps its position as a significant corporate holder.
State-Level Adoption Gains Momentum
As Kentucky becomes the 16th state in the US to suggest legislation for Bitcoin reserves, a fresh wave of official interest is developing. Joining states like Texas, Florida, and Wyoming in investigating bitcoin adoption, the measure would authorize allocation of up to 10% of excess state reserves into digital assets. Industry analysts propose this increasing state-level interest could start off a “global race” to stockpile Bitcoin as a reserve asset.
Academic Institutions Join the Bitcoin Movement
Part of its $200 million endowment, the $5 million Bitcoin fund announced by the University of Austin is a major academic adoption turning point. Emory University’s choice to use a minimum five-year holding policy marks a change in how educational institutions handle digital asset investments following earlier $15 million Bitcoin ETF investment.
Bitcoin Price Prediction
Although the Crypto Fear & Greed Index stays in wary range with a score of 43, sector leaders have positive forecasts. Citing expected liquidity injections and possible monetary policy changes under the Trump government as main factors, some analysts predict Bitcoin might get as high as $700,000 this cycle.
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