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Bitcoin Hits All-Time High Ahead of Trump Inauguration

DeFi Daily News by DeFi Daily News
January 20, 2025
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Bitcoin Hits All-Time High Ahead of Trump Inauguration
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Bitcoin reached an all-time high as the US prepares to inaugurate pro-crypto President-elect Donald Trump. Bloomberg’s Valerie Tytel speaks on the token’s rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump’s rapidly reaching a market capitalization of more than $15 billion before declining sharply while drawing criticism from industry executives. Tytel speaks to Anna Edwards and Guy Johnson on ‘Bloomberg: The Opening Trade’.
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Tags: AheadAllTimealt coinAnna EdwardsBitcoinCryptoCryptocurrencyDonald Trumpexecutive orderGuy JohnsonhighHitsInaugurationmartin Luther KingMemecoinMLK daypresidentTrumpValerie Tytel
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rewrite this title Major market steadily moved higher in anticipation of the US government change this week. All eyes are on any unexpected executive orders coming out of the White House. Markets also focus on European macro data and top US companies reporting Q4 earnings, like Procter & Gamble, Netflix, Johnson & Johnson and American Express.

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