Bitcoin (BTC) Price Hits $109,356 All-Time High on Trump’s Inauguration Day 📈
Bitcoin has achieved a new all-time high price point of $109,356 on President Trump's inauguration day, reflecting a surge in market enthusiasm. The event led to $1.2 billion in liquidations, primarily impacting short sellers who lost around $900 million.
The sentiment remains extremely positive, with 15,170 BTC, valued at $1.5 billion, being withdrawn from exchanges. Analysts have identified potential future price targets ranging from $142,000 to $148,850.
The rally is attributed to Trump's pro-crypto stance and recent inflation data affecting market outlook positively.
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