Bitcoin Rises to Fresh Record Ahead of Trump Inauguration in US
- The price of Bitcoin surged to over $109,000 early Monday ahead of President-elect Donald Trump's inauguration, as the cryptocurrency industry anticipates his actions as president.
- Trump has promised to create a U.S. Crypto stockpile and enact industry-friendly regulations during his presidency.
- Senator Cynthia Lummis proposed legislation for the U.S. Government to stockpile Bitcoin, aiming to diversify government holdings.
- Trump received cheers at a Bitcoin conference for promising to commute the life sentence of Ross Ulbricht, the founder of Silk Road.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left32Leaning Right33Center38Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
37% Center
L 31%
C 37%
R 32%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
