Bitcoin Approaches $105K as Trump Inauguration Nears
- Bitcoin price reached $104,696, nearing its all-time high of $108,135.
- The cryptocurrency increased nearly 5% in one day and 12% over the past week.
- Spot Bitcoin ETFs saw inflows of $755 million on Wednesday and $626 million on Thursday.
- President-elect Donald Trump is expected to issue crypto-related executive orders upon taking office.
- Market enthusiasm surrounds potential establishment of a national Bitcoin reserve.
Bitcoin’s price surged to $104,696 just before Donald Trump’s inauguration, with expectations for pro-crypto executive orders. Spot Bitcoin ETFs experienced significant inflows mid-week as investor interest heightened.
