As of February 17, 2025, Bitcoin (BTC) is trading at approximately $96,177, reflecting a slight decrease of 0.86% from the previous close.

Since President Donald Trump's inauguration on January 20, 2025, Bitcoin has declined by about 7%. The new administration has proposed a crypto task force but has not yet established the anticipated Bitcoin strategic reserve. Analysts suggest that more favorable U.S. crypto legislation and improved macroeconomic conditions, such as inflation trending towards the Federal Reserve's 2% target, could prompt a rebound in Bitcoin and other digital assets.
In the first month of President Trump's term, financial markets and cryptocurrencies have not met the high expectations set during the campaign. Despite promises of deregulation and tax cuts, Wall Street's performance has been modest, with the S&P 500 rising only 2%, while European markets have seen more significant gains. Bitcoin experienced an initial surge but has since fallen below the $100,000 mark, partly due to concerns over potential tariffs that could increase inflation.
Investment manager VanEck projects that if proposed bills across 18 U.S. states to establish state-level Bitcoin reserves are enacted, it could lead to the purchase of approximately 247,000 bitcoins, worth around $23 billion. However, the outcome of these bills remains uncertain, as some have already failed.
Analysts from Bernstein forecast that Bitcoin could reach $200,000 by 2025, driven by strong inflows into spot U.S. Bitcoin ETFs and increased institutional adoption. They predict that spot Bitcoin ETFs could manage $190 billion in assets by 2025 and $3 trillion by 2033.

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