Bitcoin has broken its downtrend, soaring to $105,000 as investors eagerly await the inauguration of Donald Trump. The crypto community is hopeful that the new administration will introduce executive orders favoring digital assets, potentially boosting the ongoing rally. This anticipation has injected renewed optimism into the cryptocurrency market, sparking increased activity and interest among traders and investors.
With Bitcoin's price surge making headlines, the focus remains on how governmental policies could further influence the crypto landscape. Increasing speculation surrounds potential favorable regulations, amplifying excitement in the digital currency space.
