Bitcoin, valued at just over US$5,000 when the Covid-19 pandemic began, has surged to over US$90,000 following Donald Trump’s re-election, marking a dramatic recovery from its 2021 peak before a sharp decline due to the Federal Reserve’s rate hikes.
The latest rally is driven by growing optimism over Trump’s pro-crypto stance, with influencers on social media platform X reacting strongly to the news, expecting crypto-friendly policies and institutional adoption, according to data and analytics firm GlobalData.
“Following Trump’s election victory, influencers expressed growing optimism about bitcoin’s future, anticipating favourable regulatory changes and potential government backing,” says Shreyasee Majumder, social media analyst at GlobalData. “Many believe a less restrictive environment could drive institutional investment and even lead to government-held bitcoin reserves, sparking sustained price growth.”
“While enthusiasm for bitcoin’s long-term potential remained strong, some cautioned against its inherent volatility, urging careful risk management in the face of possible market corrections. Overall, the sentiment was positive, with many seeing the political shift as a key moment for bitcoin’s mainstream adoption,” Majumder adds.
Here are a few popular influencer opinions captured by GlobalData’s social media analytics platform:
Erick Pinos, ecosystem lead at Nibiru Chain: “2025 is shaping up to be the most bullish year in crypto history – 220 pro-crypto politicians elected to office, highest number ever – Institutional adoption, US$22 billion in bitcoin ETF inflows in just the past year in an adversarial environment, imagine in a supportive one…”
Mark Moss, CEO at Click Group Media: “You’re NOT ready for what’s coming next. Bitcoin just broke US$75,000 – but that’s only the beginning. A Trump landslide win has set the stage for a massive shift setting the stage for the US and other major powers jumping in to stockpile BTC. This isn’t just a price rally – it’s a revolution.”
Luis Buenaventura, assistant vice president at GCash: “One of Trump's big campaign promises was to add bitcoin to the US Treasury, and this post from Senator (Cynthia) Lummis indicates that it's a high priority. I'm still digesting the possible implications (other than making the price pump), coz the US government already holds 200,000+ BTC via confiscation. I imagine the ‘strategic reserve’ status involves changing the way those 200k coins are labelled...”
Jordan Fried, co-founder at IsraelFriends.us: “Under the Trump Administration, America will become the centre of the Bitcoin Universe. Buckle up.”
Ari Paul, CIO of BlockTower Capital: “Trump white house + republican senate = unambiguously bullish for crypto. Biggest winners are those altcoins with strong fundamentals (and even large cash flows) that haven't been able to monetize or distribute value to tokenholders due to regulatory constraints...”
