Bitcoin is again hovering around $105,000 per coin, barely budging since this time last week. Investors shouldn’t complain, though, after an action-packed start to the week led the coin to hit a new high.

The price of the biggest coin by market cap broke a new record of $108,786 Monday ahead of Donald Trump’s inauguration. It has since dropped by nearly 4%, CoinGecko shows.

And despite President Trump not explicitly declaring plans for a Bitcoin strategic reserve in his first crypto executive order, the coin is still sitting comfortably above the $100,000 mark.

Bitcoin soared above $100,000 following Trump’s November election; the President promised to slash regulation and help the digital asset industry. And he is keeping his crypto promises—albeit while annoying some hardcore Bitcoiners in the process.

ETF movements

Money continued to flow into the Go to Source to See Full Article
Author: Mathew Di Salvo