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.
- Trump has embraced digital currencies and vowed to make the U.S. The 'crypto capital' of the world.
- Crypto advocates have proposed a draft executive order to establish a 'strategic Bitcoin reserve' to be managed by the Treasury Department.
- Republican Senator Cynthia Lummis has proposed legislation to mandate the U.S. Government stockpile Bitcoin.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left32Leaning Right34Center38Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
36% Center
L 31%
C 36%
R 33%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
