Bitcoin Reaches New All-Time High of $109,350
- Bitcoin
- Market Structure
Bitcoin hit a record high of $109,350 on Donald Trump's inauguration day, driven by market enthusiasm for his pro-crypto policies and speculation about a potential national Bitcoin reserve. The surge reflected optimism that the incoming administration would create a more supportive regulatory environment for digital assets. The price later pulled back in a classic "buy the rumor, sell the news" pattern, but the milestone marked a significant moment for crypto investors celebrating the anticipated shift toward favorable U.S. regulations.