As the United States prepares for Donald Trump’s inauguration on Jan. 20, interest in Bitcoin among US investors has increased significantly.

Data from CryptoQuant shows that the Coinbase Premium Index (CPI)—a key metric comparing Bitcoin prices on Coinbase and Binance—briefly turned positive on Jan. 16. This marked the first uptick since Jan. 6, signifying a momentary boost in demand for BTC on the US-based exchange.

Although the CPI has since dipped back into negative territory, other indicators suggest strong accumulation trends.

One such indicator is the rise in over-the-counter (OTC) trading on Coinbase Prime, a platform institutional investors prefer for large Bitcoin transactions. This activity signals growing interest from US-based institutions, further underscoring a bullish sentiment.