Bitcoin Rises Comfortably Above $100,000 Ahead of Trump Inauguration — Market Talk
Bitcoin rises back above the key $100,000 level, reaching a 10-day high of $102,081 overnight, according to LSEG data. Traders are returning to cryptocurrencies in anticipation of Donald Trump's inauguration on Monday. Trump is expected to announce crypto-friendly policies, including potentially a plan to create a strategic bitcoin reserve. Further gains could lift bitcoin back toward the record high of $108,379 reached on December 17, with some analysts speculating that the cryptocurrency could reach $200,000 by the end of this year. Bitcoin is last up 1.8% at $101,927. ([email protected])