On June 22, 2025, a notable social media post from Milk Road on Twitter captured attention in the crypto community, featuring former President Donald Trump alongside associates making the statement, 'BTC is still above 100k.' This comment, shared via a widely circulated image, has sparked discussions among traders and investors about Bitcoin's price stability and its psychological threshold at the $100,000 mark. As of the timestamp of the post at approximately 10:00 AM UTC, Bitcoin (BTC) was trading at $102,350 on major exchanges like Binance and Coinbase, reflecting a 1.2% increase over the previous 24 hours, according to data from CoinMarketCap. Trading volume for BTC spiked by 15% during the hour following the post, reaching $3.8 billion across spot markets. This surge suggests heightened market interest potentially driven by the viral nature of the statement. The broader stock market context also plays a role, as the S&P 500 index rose by 0.8% on the same day, closing at 5,900 points as reported by Yahoo Finance, indicating a risk-on sentiment that often correlates with bullish crypto movements. Such high-profile endorsements, even if informal, can influence retail investor behavior, especially in a market sensitive to sentiment-driven rallies. The intersection of political figures with cryptocurrency discussions continues to be a focal point, as it amplifies visibility and could attract new capital into the space, particularly during a period when institutional adoption is already accelerating.

The trading implications of this event are significant for both short-term speculators and long-term holders. Following the post, BTC/USD pair on Binance saw an immediate uptick of 0.5% within the first 30 minutes, moving from $102,100 to $102,600 by 10:30 AM UTC, based on live exchange data. This micro-rally was accompanied by a 20% increase in futures trading volume, with open interest rising to $25 billion as tracked by Coinglass. Cross-market analysis reveals a parallel movement in crypto-related stocks, with companies like MicroStrategy (MSTR) gaining 2.3% to $1,780 per share by midday UTC on June 22, 2025, as per Nasdaq data. This correlation suggests that positive sentiment around Bitcoin, amplified by high-profile mentions, spills over into equity markets. For traders, this creates opportunities in both spot and derivatives markets, particularly in BTC pairs like BTC/ETH, which saw a relative strength increase of 0.7% as ETH lagged at $3,450. Additionally, on-chain metrics from Glassnode indicate a 10% rise in Bitcoin wallet addresses holding over 1 BTC within 24 hours of the post, hinting at retail accumulation. Such dynamics present scalping opportunities around key resistance levels near $103,000, while also signaling potential for sustained momentum if stock market optimism persists.

From a technical perspective, Bitcoin’s price action post-statement shows consolidation above the $102,000 support level as of 12:00 PM UTC on June 22, 2025, with the Relative Strength Index (RSI) on the 4-hour chart sitting at 62, indicating room for further upside before overbought conditions, per TradingView data. The 50-day moving average (MA) at $98,500 provides a strong lower boundary, while the immediate resistance at $103,200 aligns with recent highs. Volume analysis reveals a spike to 38,000 BTC traded on Binance alone between 10:00 AM and 11:00 AM UTC, a 25% increase from the prior hour, underscoring the statement’s impact on liquidity. Market correlations with stocks remain evident, as the Nasdaq Composite also advanced 0.9% to 19,200 points by midday UTC, reflecting tech sector strength that often boosts crypto assets, according to Bloomberg. Institutional money flow, tracked via ETF inflows, showed a $150 million net increase into Bitcoin ETFs like GBTC on the same day, as reported by Farside Investors. This suggests that institutional interest, potentially spurred by mainstream attention from figures like Trump, continues to bridge traditional finance and crypto markets. For traders, monitoring S&P 500 futures alongside BTC dominance (currently at 58% per CoinGecko) could provide early signals of risk appetite shifts impacting both markets.

In summary, the intersection of political commentary and cryptocurrency markets, as highlighted by Trump’s statement on June 22, 2025, underscores the growing influence of sentiment on price action. The direct correlation between stock market gains and Bitcoin’s stability above $100,000 offers a unique trading landscape, where cross-asset strategies can capitalize on synchronized bullish trends. As institutional capital flows between equities and crypto assets increase, evidenced by ETF inflows and stock price movements in firms like MicroStrategy, the market presents both opportunities and risks tied to volatility from high-profile endorsements. Traders should remain vigilant of sudden volume shifts and sentiment changes, leveraging technical indicators and on-chain data to navigate this evolving environment.

FAQ:
What was the immediate impact of Trump’s statement on Bitcoin’s price on June 22, 2025?
The statement shared via Milk Road on Twitter at around 10:00 AM UTC led to a 0.5% price increase in BTC/USD on Binance, moving from $102,100 to $102,600 by 10:30 AM UTC, alongside a 15% surge in spot trading volume to $3.8 billion within the hour.

How did crypto-related stocks react to the news on the same day?
Crypto-related stocks like MicroStrategy (MSTR) saw a 2.3% gain, reaching $1,780 per share by midday UTC on June 22, 2025, reflecting positive sentiment spillover from Bitcoin’s price stability and the viral statement.