Bitcoin skyrocketed to a record high of $109,241 on Monday as excitement builds ahead of Donald Trump’s inauguration.

 

 

Bitcoin skyrocketed to a record high of $109,241 on Monday as excitement builds ahead of Donald Trump’s inauguration.

 

Known for his pro-crypto stance, Trump has hinted at plans to deregulate the sector, fueling Bitcoin’s rapid rise. After crossing the $100,000 mark in December, Bitcoin’s momentum remains strong, supported by Trump’s endorsement and the launch of his own $TRUMP coin.

Despite concerns over Bitcoin’s volatility and past misuse, its market dominance continues to grow as deregulation prospects spark investor optimism.