Multiple positive factors boost Bitcoin to reach a historic high before Trump's inauguration
ChainCatcher news, before Trump officially took office as President of the United States, Bitcoin rose to an all-time high. Traders are optimistic that Trump will introduce policies supportive of digital assets. A strategist at Ned Davis Research stated in a report, "Cryptocurrency investors have several things to look forward to in the coming weeks, including a crypto-friendly government and strong seasonal trends for Bitcoin in February." Bitcoin briefly surged to nearly $109,000 per coin, setting a new historical high.
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