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All eyes in the community were on the US inauguration ceremony on Monday as the self-proclaimed ‘crypto President’ was about to be sworn in. Even before that highly anticipated event, BTC’s price went on a rollercoaster, dumping by several grand on Monday morning just to surge to a new all-time high hours later at over $109,000.
Once Trump’s speech finished, it became evident that he had ignored the crypto industry, and bitcoin headed straight south, losing five grand within minutes.
Nevertheless, it bounced off and maintained within six-digit territory. Moreover, it climbed on Thursday and Friday and tapped $107,000 yesterday. This is where the bears stepped up and didn’t allow any further increases. Just the opposite, BTC lost about three grand since then and now sits at just over $104,000. 3 replies
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