Bitcoin Nears $103,000 Ahead of Trump's Upcoming Inauguration — Market Talk

Bitcoin extends gains, rising to a one-month high of $102,909, according to LSEG data, as investors keenly anticipate Donald Trump's inauguration on Monday. Trump is expected to announce crypto-friendly policies, including a plan to create a strategic bitcoin reserve. He is expected to sign a string of executive orders as soon as he takes power. Bitcoin is last up 2.7% at $102,850. Further gains could lift the cryptocurrency back toward the record high of $108,379 reached on Dec. 17. Some analysts speculate that bitcoin could reach $200,000 by the end of this year. ([email protected])