Bitcoin Hits Record High Ahead of Trump Inauguration | Global News Avenue

Bitcoin hit an all-time high above $109,000 ahead of Donald Trump’s inauguration on Monday as investor optimism grew that the incoming president would adopt policies that would benefit the crypto market.

Bitcoin price surges as president-elect and his wife Melania launch separate launches Meme Coin Over the weekend, this idea was added: New government takes office It would be a positive development for cryptocurrency investors.

Bitcoin was last trading around $103,500 after rising to $109,300 overnight. The digital currency has gained nearly 50% since the election in early November, and has surged again in recent days on hopes that Trump will soon announce cryptocurrency-related measures. Trump made no mention of Bitcoin or cryptocurrencies in his inaugural address.

inflow Spot Bitcoin ETFs Underscoring optimism about Bitcoin. Spot ETFs attracted a net $975.6 million on Friday alone, according to Farside Investors.

Meanwhile, Trump builds a National Bitcoin Reserve That number increased from 39% to 65% in 2025 over the past week, according to prediction market Polymarket.

On Sunday, the president-elect pointed to Bitcoin’s post-election surge to all-time highs as part of a larger “Trump effect” in the market. Trump made a series of promises during his presidential campaign Good for the crypto industry.

SolanaThe crypto network that launched the TRUMP and MELANIA meme coins also hit all-time highs over the weekend.

The Trump meme coin has been a wild ride for speculators so far, with its market capitalization approaching $10 billion on Monday morning. On Sunday, less than an hour before and after the launch of the MELANIA Meme coin, the Meme coin fell 44%.

Update: This article has been updated to reference Trump’s inauguration speech and the latest price of Bitcoin.