Bitcoin price is nearing its all-time high of $108,200, boosted by encouraging U.S. inflation data and anticipation of regulatory changes under the upcoming Trump administration. The market is optimistic about Trump's crypto-friendly stance and his desire to make the U.S. the crypto capital of the world. Inflows to spot Bitcoin ETFs have increased, and there is speculation that Trump may create a strategic Bitcoin Reserve in his first 100 days. Stablecoin inflows and positive technical indicators suggest that Bitcoin is likely to have a strong breakout and reach new highs.



Other News from Today