Bitcoin hits $109,000 ahead of President-elect Donald Trump’s inauguration
Bitcoin’s new high surpasses its previous all-time high of $108,000 reached in December President-elect Donald Trump was once critical of Bitcoin, claiming it seemed “like a scam” On the eve of his inauguration, Trump and Melania Trump launched their memecoins Bitcoin soared to new heights, hitting over $109,000 ahead of President-elect Donald Trump’s inauguration. The number one crypto asset reached its all-time high on January 20 as market sentiment remains optimistic about Trump’s plans for the crypto industry. The new high surpasses its previous record of more than $108,000 achieved in December. Data from TradingView shows Bitcoin topped $109,036 around 6:55 am before dropping to $107,000 a few minutes later. BTC/USD Chart by TradingView Trump mentioned Bitcoin in a Sunday speech, highlighting its record performance since the US election. “Since the election, the stock market has surged and small business optimism h...