March 17, 2025
11 11 11 AM
Latest Post
Hashdex Seeks to Expand U.S. Crypto ETF to Include Litecoin, XRP and Other Altcoins Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain Canary Capital Files for SUI ETF After Reserve Deal With World Liberty Financial Hello, Hoodi: Ethereum Welcomes a New Testnet Sam Altman’s World Network and Razer Want to Defeat Gaming’s Bot Problem The U.S. Deserves Better Crypto ETFs. Let’s Start With Solana Developer Consensus May Be Converging on a Bitcoin Soft Fork Proposal: Blockspace Who Is Satoshi? Benjamin Wallace Goes Down the Rabbit Hole in New Book Robinhood Brings Prediction Market Hub to Market After Success of Crypto-Based Polymarket Bitcoin Network Hashrate Inched Higher in March as Mining Economics Weakened: JPMorgan

Bitcoin Surges to $109K, Hits Record High Ahead of Donald Trump’s Inauguration

Bitcoin (BTC) zoomed to a record level above $109,000 during the Asian trading hours on Monday ahead of Republican Donald Trump’s scheduled inauguration later in the day.

BTC reversed losses from earlier in the day when it fell to nearly $100,000 from a high over $102,000 on Sunday as first lady Melania Trump issued a memecoin, drawing liquidity away from major assets.

Trump has been vocal about his support for cryptocurrencies during his campaign. Promises like making the U.S. the “crypto capital of the planet” and creating a “strategic national bitcoin reserve” have fueled investor optimism.

The largest cryptocurrency touched $109,333 on Binance.

This post was originally published on this site