President Donald Trump described cryptocurrency as reducing strain on the U.S. dollar during a speech at Miami's America Business Forum on November 5, 2025, positioning the United States as the bitcoin superpower. Historical market data reveals Bitcoin maintains an approximate -0.7 inverse correlation with the U.S. Dollar Index. Dollar strength typically suppresses BTC prices, complicating strategic reserve goals.

President Donald Trump declared the end of the federal crackdown on cryptocurrency during remarks at the America Business Forum in Miami on Wednesday. He emphasized China's ambitions in digital assets and urged swift action to maintain American leadership. Trump pledged to establish the US as the Bitcoin superpower and global crypto capital.

Ray Dalio warns the Federal Reserve's decision to halt quantitative tightening and maintain its $6.5 trillion balance sheet on December 1, 2025, marks a shift toward "stimulating into a bubble." The Bridgewater Associates founder argues this policy change, occurring amid elevated asset prices and inflation above 3%, could drive gold and Bitcoin to dramatic highs before an eventual collapse. Dalio identifies the combination of large fiscal deficits and central bank expansion as classic late-cycle debt dynamics.

Metaplanet drew $100 million from a Bitcoin-collateralized credit facility on October 31 to fund additional BTC purchases, options-premium operations, and share buybacks. The Tokyo-based firm holds approximately 30,823 BTC and targets 210,000 BTC by 2027. The financing tests whether credit secured against existing Bitcoin reserves can replace equity issuance when stock valuations fall below net asset value.

Tokyo-listed Metaplanet executed a $100 million Bitcoin-backed borrowing on October 31st, utilizing part of a $500 million credit facility. The company holds 30,823 BTC valued at approximately $3.33 billion, ranking seventh among corporate Bitcoin holders globally. Proceeds will fund additional Bitcoin acquisitions, income-generating operations, and potential share buybacks.

Trader Arthur Hayes argues that Bitcoin's next rally depends on the U.S. government ending its shutdown and releasing liquidity. The Treasury General Account currently holds approximately $150 billion above its $850 billion target, creating a negative liquidity balance that will reverse when operations resume.

Bitcoin rose above $103,000 on Thursday following stronger-than-expected US economic reports. Services activity hit an eight-month high in October, while private payrolls increased by 42,000, exceeding forecasts. The data lifted equities and digital assets as risk sentiment improved across global markets.

Bitcoin briefly fell below $100,000 on November 5, 2025, triggering more than $1.7 billion in liquidations across cryptocurrency exchanges. Analysts say the decline resulted from excessive leverage unwinding rather than long-term investor selling. Market observers identify the $100,000 level as critical support, with on-chain data showing holders maintaining positions.