Editor's PiCK

[Market Update] Bitcoin Surges Past $107,000 on Trump Inauguration Anticipation

Source
YM Lee

Summary

  • Bitcoin (BTC) surged past $107,000 ahead of President-elect Donald Trump's inauguration.
  • The issuance of Trump meme coins and Melania meme coins is drawing attention in the cryptocurrency market.
  • The Trump meme coin ranks 17th in cryptocurrency market capitalization according to CoinMarketCap.

Bitcoin (BTC) continues its bullish trend ahead of the inauguration of U.S. President-elect Donald Trump.

As of the 20th (local time), Bitcoin is trading at $107,000 on the global cryptocurrency exchange Binance Tether (USDT) market.

With the inauguration of U.S. President-elect Donald Trump approaching tomorrow morning, the cryptocurrency market appears to be recovering.

President-elect Trump garnered attention in the cryptocurrency market by issuing Trump (TRUMP) meme coins and Melania (MELANIA) meme coins based on the Solana (SOL) chain a few days before the inauguration. Currently, the official Trump meme coin ranks 17th in cryptocurrency market capitalization according to CoinMarketCap.

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YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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