Bitcoin Reaches Record High of $109,333 Before Trump’s Inauguration
- Bitcoin surged to a record level above $109,000 during Asian trading hours on Monday.
- The cryptocurrency hit a peak of $109,333 on Binance.
- BTC had earlier fallen to nearly $100,000 from over $102,000 on Sunday.
- This fluctuation occurred as Melania Trump issued a memecoin.
- Donald Trump has expressed strong support for cryptocurrencies during his campaign.
Bitcoin’s value reached an all-time high of $109,333 on Binance before Donald Trump’s inauguration, reflecting investor optimism driven by his pro-cryptocurrency stance. The cryptocurrency experienced fluctuations due to liquidity shifts caused by Melania Trump’s memecoin issuance.
Source (2.6)https://www.coindesk.com/markets/2025/01/20/bitcoin-surges-to-109-k-hits-record-high-ahead-of-donald-trumps-inauguration?rand=52298
