Bitcoin Surges to $105K Amid Anticipation of Trump Inauguration
- Bitcoin (BTC) reached $105,000, a 5.2% increase in 24 hours.
- MicroStrategy’s stock rose by 7%, while Coinbase advanced by 4.5%.
- MARA Holdings saw a 13% gain among major bitcoin miners.
- Spot bitcoin ETFs had $1.381 billion net inflows over two days.
- BlackRock’s Ishares Bitcoin Trust ETF recorded nearly $1 billion trading volume in one hour.
The price of Bitcoin surged to $105,000 as anticipation builds for Donald Trump’s inauguration, with significant inflows into spot bitcoin ETFs reaching $1.381 billion over two days and BlackRock’s ETF achieving high trading volumes.
Source (2.6)https://www.coindesk.com/markets/2025/01/17/bitcoin-snaps-downtrend-hits-105-k-as-anticipation-builds-for-trumps-inauguration?rand=52298
