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Okay, so you already know that Bitcoin smashed through $100,000. Skip the hype — here’s what’s driving it.
The Money Is Real This Time
Bitcoin’s market cap has hit a couple of trillion, and this isn’t retail FOMO. Institutional investors have poured $556.8 million into spot Bitcoin ETFs. Trading volumes are at their highest since 2020. The smart money isn’t just watching anymore — it’s moving.
This article first appeared in my FREE newsletter: The Drew Report — the antidote to crypto BS.
Politics Actually Matter Now
Trump’s back in the White House, and markets like what that means for crypto. More importantly, former SEC commissioner Paul Atkins is taking over as SEC chair. Finally, someone who understands the industry might actually be writing the rules.
The Numbers Cut Through the Noise
Bitcoin’s up 30% in thirty days. That’s not speculation — that’s momentum. Exchange reserves have hit a six-year low, meaning fewer people are selling. The data shows consistent U.S. buying pressure. These aren’t random metrics — they’re proof of sustained demand.
Don’t Credit the Calendar
