Bitcoin reached new heights, hitting an all-time high of $109,114.88 just hours before Donald Trump’s inauguration as the 47th President of the United States.

However, the rally was not sustained. It briefly dipped to just below $100,000 before recovering to above $103,000. The rally is being driven by growing hopes in the Bitcoin community that Trump will be pro-Bitcoin and will create a good environment for digital assets.

This anticipation has been building since his election in November 2024 when bitcoin broke $100,000 for the first time in early December.

Bitcoin hit $109,036 on January 20 beating the previous record of $108,000 from December. As of now, bitcoin is…

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