Bitcoin Breaks Records at $105,000 Ahead of Trump’s Inauguration
Bitcoin Rebounds to $105,000 Briefly Touches $106K Ahead of Trump’s Second Inauguration Bitcoin surged back into six-figure territory, reaching $105,047, with a brief peak at $106,000 on Saturday.
Bitcoin Rebounds to $105,000 Briefly Touches $106K Ahead of Trump’s Second Inauguration Bitcoin surged back into six-figure territory, reaching $105,047, with a brief peak at $106,000 on Saturday. The cryptocurrency market regained its momentum as former US President Donald Trump, a vocal supporter of digital assets, prepared for his second-term inauguration. After starting the week below $90,000 due to Federal Reserve policy uncertainty, Bitcoin rallied on news of a potential interest rate cut, which historically boosts its appeal. Traders seized the opportunity, driving the price past $99,000 and back above the $100,000 milestone. Bitcoin’s current market cap now stands at $2.08 billion, reflecting a 1.86% increase.
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