Bitcoin Reaches to All-Time High of $109,000

Bitcoin Hits Record $109,241 Amid Optimism Surrounding Trump’s Pro-Crypto Stance. Bitcoin surged to an all-time high of $109,241 on Monday, driven by optimism ahead of Donald Trump’s inauguration.

Jan 21, 2025 - 17:05
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Bitcoin Reaches to All-Time High of $109,000

Bitcoin Hits Record $109,241 Amid Optimism Surrounding Trump’s Pro-Crypto Stance.

Bitcoin surged to an all-time high of $109,241 on Monday, driven by optimism ahead of Donald Trump’s inauguration. A known advocate for cryptocurrencies, Trump has hinted at plans to deregulate the sector, fueling Bitcoin’s meteoric rise. The cryptocurrency crossed the $100,000 milestone in December and continues to gain momentum with Trump’s endorsement, including the launch of his own $TRUMP coin. While Bitcoin's volatility and association with illicit transactions remain concerns, its market dominance strengthens as deregulation becomes a possibility.