Bitcoin Rises to Fresh Record Ahead of Trump Inauguration in US
- Bitcoin surged over 3% to a record high of $109,118 as traders anticipated crypto-friendly regulations under President-elect Donald Trump's administration.
- Trump launched his memecoin, $TRUMP, which gained over 7000% and boosted his wealth, while raising ethical concerns about his political leverage.
- Analysts predict Bitcoin could stabilize around $100,000 to $102,000 next month, with projections reaching as high as $250,000 in the long term.
- Excitement in the cryptocurrency community is high, as they await potential executive orders to support digital assets under Trump's leadership.
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Coverage Details
Total News Sources0
Leaning Left14Leaning Right19Center12Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 31%
C 27%
R 42%
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