Get access to our best features
Get access to our best features
Published

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.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 37% of the sources are Center
36% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)