
{"id":37255,"date":"2025-01-20T07:04:12","date_gmt":"2025-01-20T07:04:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=37255"},"modified":"2025-01-20T07:04:12","modified_gmt":"2025-01-20T07:04:12","slug":"bitcoin-price-skyrockets-to-new-all-time-high-hours-ahead-of-trumps-inauguration","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=37255","title":{"rendered":"Bitcoin Price Skyrockets to New All-Time High Hours Ahead of Trump\u2019s Inauguration"},"content":{"rendered":"<p>The highly volatile rollercoaster in the cryptocurrency market continues in full force as BTC added roughly ten grand within hours and skyrocketed to a new all-time high of just shy of $110,000.<\/p>\n<p>This comes just hours before the president-elect, Donald Trump, is inaugurated and returns to office.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTCUSD-23.png\"><\/a>BTCUSD. Source: TradingView<\/p>\n<p>It has been a wild ride in the crypto space in the past several days. It all started on Friday when the upcoming US president <a href=\"https:\/\/cryptopotato.com\/donald-trumps-official-meme-coin-cracks-top-40-altcoins-crypto-community-reacts\/\">launched<\/a> his own meme coin that sent shockwaves across the entire market.<\/p>\n<p>The controversy continued in the past 24 hours as his wife <a href=\"https:\/\/cryptopotato.com\/trump-token-crashes-over-50-as-melania-trump-launches-meme-coin\/\">released<\/a> a meme coin of her own. BTC and most altcoins slumped hard, as the primary cryptocurrency even <a href=\"https:\/\/cryptopotato.com\/trump-familys-meme-coin-fiasco-triggers-1-1-billion-in-crypto-liquidations\/\">dumped<\/a> below $100,000 at one point.<\/p>\n<p>Yet, the bulls are back in charge as they initiated a massive leg up in the following hours. Not only did bitcoin manage to recover all losses, but it went further on the offensive minutes ago and shot up to $109,420 (on Bitstamp) to break its December all-time high and chart a new one.<\/p>\n<p>This places BTC\u2019s market cap at well over $2.1 trillion, making it once again the seventh-largest asset by that metric. Next in line are Amazon ($2.375 trillion) and Alphabet ($2.4 trillion).<\/p>\n<p>This enhanced volatility and new record come just hours ahead of Trump\u2019s inauguration, which is scheduled to take place later today. Given his relationship and <a href=\"https:\/\/cryptopotato.com\/10-promises-donald-trump-has-made-regarding-bitcoin-and-crypto\/\">promises<\/a> to the industry, more fluctuations are expected as the day progresses.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-skyrockets-to-new-all-time-high-hours-ahead-of-trumps-inauguration\/\">Bitcoin Price Skyrockets to New All-Time High Hours Ahead of Trump\u2019s Inauguration<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The highly volatile rollercoaster in the cryptocurrency market continues in full force as BTC added roughly ten grand within hours and skyrocketed to a new all-time high of just shy of $110,000. This comes just hours before the president-elect, Donald Trump, is inaugurated and returns to office. BTCUSD. Source: TradingView It has been a wild [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":37256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-37255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/37255"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37255"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/37255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/37256"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}