Bitcoin Surges Amid Trump Inauguration Anticipation
- Bitcoin rose 10% in the past week, reaching over $102,000.
- U.S.-listed bitcoin ETFs saw $987 million inflows on Monday.
- Fidelity’s FBTC led with $370 million in ETF inflows.
- Nine out of twelve bitcoin ETFs recorded positive inflows.
The significant inflows into bitcoin ETFs, particularly Fidelity’s FBTC with $370 million, indicate strong investor confidence and could drive further price increases. This surge suggests a robust demand for bitcoin as traders anticipate potential policy changes with Donald Trump’s inauguration.
