Bitcoin Surges to Record $109,000 Ahead of Trump's Inauguration, Exceeding Previous High of $108,000

Jan 20, 2025, 06:54 AM

Bitcoin surged to a new all-time high, surpassing $109,000 on January 20, 2025, hours after President Donald Trump's inauguration. The cryptocurrency climbed above $105,000 on January 19 and continued its upward momentum, passing $106,000 and $107,000 later that day. The rally culminated with Bitcoin breaking through its previous record of $108,000 to reach $109,000. The surge comes amid investor anticipation of potential early actions on cryptocurrency by the new administration.