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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Coverage Details
Total News Sources0
Leaning Left26Leaning Right28Center33Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 30%
C 38%
R 32%
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