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

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YM Lee
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  • 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.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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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