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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 favorable actions from his administration.
  • 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 celebrated Trump's inauguration with the first-ever 'crypto ball,' highlighting strong support for cryptocurrency in his cabinet picks.
  • Trump's policies may include a U.S. Government Bitcoin stockpile, which could become a 'permanent national asset' managed by the Treasury Department.
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  • 36% of the sources are Center
35% Center
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