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.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.

5 hours ago
[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.

BOK governor nominee: Shin Hyun-song, BIS monetary and economic department director, tapped—‘conservative on stablecoins’

6 hours ago
BOK governor nominee: Shin Hyun-song, BIS monetary and economic department director, tapped—‘conservative on stablecoins’

Bitcoin Mining Difficulty Falls 7.8%… “Miner Exodus Widens Amid Shift to AI”

7 hours ago
Bitcoin Mining Difficulty Falls 7.8%… “Miner Exodus Widens Amid Shift to AI”

"U.S. SEC and CFTC interpretive guidance on cryptoassets set to take effect officially on the 23rd"

10 hours ago
"U.S. SEC and CFTC interpretive guidance on cryptoassets set to take effect officially on the 23rd"

[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’

13 hours ago
[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’

Trending News