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

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Bitcoin (BTC) zoomed to a grounds level supra $109,000 during the Asian trading hours connected Monday up of Republican Donald Trump's scheduled inauguration aboriginal successful the day.

BTC reversed losses from earlier successful the time erstwhile it fell to astir $100,000 from a precocious implicit $102,000 connected Sunday arsenic archetypal woman Melania Trump issued a memecoin, drafting liquidity distant from large assets.

Trump has been vocal astir his enactment for cryptocurrencies during his campaign. Promises similar making the U.S. the "crypto superior of the planet" and creating a "strategic nationalist bitcoin reserve" person fueled capitalist optimism.

The largest cryptocurrency touched $109,333 connected Binance.

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