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Bitcoin (BTC) could see more upside before Donald Trump’s inauguration on January 20, 2025, potentially hitting a new all-time high.  As a recap, Bitcoin has experienced increased buying pressure following Trump’s win, which saw the asset reach a record high above $76,000.  This rise is based on the anticipation that Trump will fulfill his promises to make America the cryptocurrency innovation hub. Picks for you Why Silver price is surging 3 hours ago Tourism Authority of Thailand and Freedom World bring Web3 tech to travel 4 hours ago Cronos Labs strengthens partnership with Google Cloud to improve its ecosystem ...

Many market watchers expected BTC to retrace and retest support at $28,000, but the enhanced market structure bolstered by a sudden rise in interest from institutional investors has ensured Bitcoin price upholds its position above $30,000. advertisement The largest cryptocurrency is trading at $30,230 on Thursday, with $10.5 billion in trading volume recorded in 24 hours. Despite the stability exhibited, BTC is down 0.7%. MicroStrategy Buys 12,333 BTC The crypto market has been extremely eventful this June, starting with an intensified crackdown by the US Securities and Exchange Commission (SEC). Leading crypto exchanges Coinbase and Binance were sued by the regulator, with 64 cryptocurrencies, including Cardano (ADA), Polygon (MATIC), and Solana (SOL), implicated as security tokens. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...