Bitcoin Today News: $1 billion loan wave drives bullish sentiment, Trump-related company increases the position in BTC

The bullish momentum of Bitcoin continues to reshape the global market. Crypto Assets lending institution Ledn has distributed over 1 billion USD in Bitcoin-backed loans this year, showing that investors are choosing to borrow rather than sell during the bull run. A US BTC company associated with Trump has increased its holdings to 445 million USD, purchasing 1,414 BTC.

Ledn Bitcoin loans surpass 1 billion USD, institutional confidence skyrockets

(Source: Ledn)

The crypto lending institution Ledn has issued over $1 billion in Bitcoin-backed loans this year, marking a sharp rise in demand for crypto credit. Since its inception, the company has issued $2.8 billion in BTC loans, including $392 million in the third quarter, and currently operates in over 100 countries, generating approximately $100 million in annual revenue. As the BTC trading price surpasses $115,500, more and more holders are releasing liquidity without selling, highlighting the expanding role of Bitcoin as financial collateral and a long-term store of value.

This milestone holds significant importance in Bitcoin price predictions. The annual loan size of $1 billion indicates that institutions and high-net-worth individuals are actively using Bitcoin as collateral to obtain liquidity. This behavior pattern is similar to mortgages in traditional finance: when asset prices rise, holders are reluctant to sell and miss out on future gains, opting instead to borrow against their holdings to meet short-term funding needs.

The operational mechanism of Bitcoin-backed loans is relatively simple. Borrowers deposit Bitcoin into the lending platform as collateral, and the platform issues fiat or stablecoin loans based on the collateralization ratio. Typically, the collateralization ratio ranges from 50% to 70%, meaning that $10,000 worth of Bitcoin can borrow $5,000 to $7,000. If the price of Bitcoin falls and results in insufficient collateralization, borrowers need to add margin or make partial repayments.

The popularity of this model reflects institutions' confidence in the long-term rise of Bitcoin. If investors believe that the price of Bitcoin will fall, they would choose to sell directly rather than take out a secured loan. The act of borrowing funds itself is a bullish signal, as borrowers are willing to take on interest costs and liquidation risks, betting that the future increase in Bitcoin will exceed the borrowing costs. Ledn's loan volume this year has significantly increased compared to last year, indicating that this confidence is strengthening.

Moreover, the growth of Bitcoin-backed loans has created a structural HODLing effect. When a large amount of Bitcoin is locked as collateral, the actual circulating supply decreases, which can drive up prices in the context of sustained demand. This supply-demand dynamic provides strong support for Bitcoin price predictions.

Optimism in China-US trade drives the dollar weaker, risk appetite rebounds

(Source: X)

On October 27, the US dollar weakened against major currencies such as the euro, renminbi, and Australian dollar, as optimism over a potential trade agreement between China and the US boosted global market sentiment. US President Trump stated that the two sides are close to reaching an agreement and will meet later this week in South Korea, which bolstered investor confidence and alleviated demand for the dollar as a safe-haven asset.

After the People's Bank of China set a stronger midpoint rate, the renminbi rose to its highest level in over a month, while the Australian dollar gained after strong comments from the Governor of the People's Bank of China. With improved risk appetite and rising global stock markets, traders are watching whether trade progress and the strengthening of Asian currencies will continue to push the dollar down this week.

The weakening of the US dollar is a positive factor for Bitcoin price predictions. Bitcoin typically has a negative correlation with the US dollar; when the dollar depreciates, dollar-denominated assets (including Bitcoin) tend to rise. The logic behind this mechanism is that a weaker dollar means a decrease in dollar purchasing power, prompting investors to seek out other assets for preservation of value. Additionally, a weaker dollar is often accompanied by increased global liquidity and a rise in risk appetite, creating a favorable environment for risk assets like Bitcoin.

The progress of the Sino-US trade agreement has eliminated a major uncertainty in the market. In recent months, Trump has repeatedly threatened to impose tariffs on China, causing severe market fluctuations. If a trade agreement can indeed be reached, it will significantly improve the global economic outlook and reduce the risk of recession, thereby supporting the valuation of risk assets. This macro backdrop provides a basis for Bitcoin to continue its rise in the coming weeks.

Trump family increases holdings by 445 million USD, political capital support

The American Bitcoin company, co-founded by Eric Trump and Donald Trump Jr., has increased its holdings by 1,414 Bitcoins (BTC), bringing the total holding value to $445 million. Previously, the company also increased its holdings by 1,414 Bitcoins (BTC) worth $163 million. Eric Trump reaffirmed the company's long-term confidence in Bitcoin and emphasized its mission to gradually increase the “per Bitcoin” ratio.

After merging with Gryphon Digital Mining, the company was listed on Nasdaq in September under the ticker “ABTC”. On its first day of trading, it sparked strong market interest, with the stock price soaring over 80%. This latest acquisition deepens the connection between Bitcoin applications and American politics, highlighting the Trump family's growing involvement in the crypto assets space.

After the announcement, the price of Bitcoin surged above $115,550, with investors viewing this move as a significant vote of confidence in the future development of Crypto Assets. The continued accumulation by the Trump family holds special significance in Bitcoin price predictions, as it not only represents capital inflow but, more importantly, serves as a backing of political capital. As the President of the United States, Trump's family's investment decisions are interpreted by the market as a barometer of policy direction.

Trump family's Bitcoin investment triple impact:

Capital Inflow: The holding scale of 445 million USD has a substantial impact on market supply and demand.

Political Endorsement: The involvement of the president's family enhances the political legitimacy of Bitcoin.

Policy Expectations: The market expects the Trump administration to introduce more crypto-friendly policies.

Eric Trump emphasized that the “per share Bitcoin” ratio strategy is similar to MicroStrategy's “Bitcoin Yield” concept. This strategy positions the company as a Bitcoin leverage investment tool, with stock performance highly correlated to Bitcoin prices. Investors purchasing ABTC stock are essentially gaining Bitcoin exposure through the traditional stock market.

Technical indicators point to $12.4, breakthrough imminent

(Source: Trading View)

The trading price of Bitcoin (BTC/USD) is approximately $114,572, consolidating after bouncing off the support level of $108,600. The daily chart shows that a double top formation may occur around $117,600, overlapping with the 61.8% Fibonacci retracement level, which is a key resistance level where sellers may re-emerge. A double top formation is usually a reversal signal, but in a strong bullish trend, it may just be a temporary consolidation.

The short-term outlook remains optimistic, as Bitcoin trades within an ascending channel, supported by the bullish moving average crossover of the 20-day and 50-day moving averages near $112,300. The Relative Strength Index (RSI) is at 54, indicating neutral momentum, with further room for upward movement before entering the overbought territory. An RSI between 50 and 70 typically signifies a healthy upward phase, showing buying strength without excessive frenzy.

Recently, the doji and spinning top candlestick charts indicate that the bulls are testing the upper limits, with the market hesitating in the short term. A breakthrough at $117,600 could trigger a pump, targeting $120,500 and $124,100; if it fails to hold, a retest of $112,250 may occur. If buyers maintain control and global sentiment strengthens, Bitcoin could continue its bullish trend in the coming weeks, reaching the $130,000 range.

Key Technical Levels for Bitcoin Price Prediction:

Current Price: 114,572 USD

Key Resistance: $117,600 (Double Top Pattern + 61.8% Fibonacci)

Upward Targets: $120,500 → $124,100 → $130,000

Support Level: 112,300 USD (moving average crossover) → 108,600 USD (previous low)

Overall, as investors increasingly use BTC to achieve liquidity, leverage, and long-term value preservation, these initiatives highlight the deepening institutional confidence. Ledn's loan data, the Trump family's accumulation, and the optimistic sentiment surrounding China-U.S. trade form a triple support, providing a strong foundation for Bitcoin price predictions.