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Bitcoin Rises to Fresh Record Ahead of Trump Inauguration in US

  • The price of Bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump's inauguration, as a pumped-up cryptocurrency industry bets he'll take action soon after returning to the White House.
  • Trump has embraced digital currencies, launching a new cryptocurrency venture and promising to make the U.S. The 'crypto capital' of the world.
  • Key industry players held a 'crypto ball' to celebrate the first 'crypto president,' and Trump's cabinet is filled with crypto supporters.
  • Trump promised to create a strategic Bitcoin reserve and stockpile Bitcoin, which advocates say would help diversify government holdings.
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  • 38% of the sources are Center
38% Center
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