Bitcoin Rises to Fresh Record Ahead of Trump Inauguration in US
- The price of Bitcoin surged to over $109,000 just hours before President-elect Donald Trump's inauguration, as the cryptocurrency industry anticipates his actions in office.
- Trump has shifted from being a Bitcoin skeptic to embracing digital currencies, launching a new venture and promising to make the U.S. the 'crypto capital' of the world.
- He promised to create a strategic Bitcoin reserve and stockpile Bitcoin, similar to gold, as part of his administration's early plans.
- Senator Cynthia Lummis has proposed legislation to mandate the U.S. government stockpile Bitcoin, which advocates believe would diversify government holdings.
375 Articles
375 Articles
Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge? - Overpasses For America
Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $109,000 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $104,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The …
Bitcoin Snaps Downtrend, Hits $105K as Anticipation Builds for Trump's Inauguration
Crypto investors have high hopes for the incoming administration, including potential digital asset-focused executive orders that could add fuel to the rally. What to know: Bitcoin (BTC) hit a 2025 high above $105,000 on Friday, driven by excitement for pro-crypto policies under incoming U.S. President Donald Trump. Spot bitcoin ETFs saw $1.3 billion in inflows in the past two days, while crypto stocks like MicroStrategy and Coinbase surged ami…
The absence of aggressive tariff-raising rhetoric in Donald Trump's inauguration speech as president had an impact on the weekend-closed markets in New York. The dollar and oil fell in price and stock prices rose in pre-trade.
The cryptocurrency recently created by Donald Trump skyrocketed on Monday to more than $10 billion in market value at the time of his inauguration for his second term as president of the United States, attracting billions in operations. Launched on Friday, Trump's "mememecoin," also known as $TRUMP, skyrocketed from less than $10 on Saturday morning to $74.59, before yielding part of his huge rise on Monday.Don't miss PulsoTrump launched the dig…
The price of Bitcoin fell sharply during the speech after the inauguration of the 47th President of the United States of America Donald Trump, RBC-Ukraine reports with reference to CryptoPotato. It is worth noting that during this day the value of the coins added about several thousand dollars and as of 10 am it was worth 107.8 thousand dollars (4.54 million hryvnia). However, in the first minutes of Trump's speech, the price of Bitcoin fell fro…
Bitcoin set a new all-time high overnight, surpassing $109,350.72, as traders prepared for the inauguration of President-elect Donald Trump, CNBC reports.
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