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.
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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%
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