#BTCBackto100K

Bitcoin (BTC) zoomed to a record level above $109,000 during the Asian trading hours on Monday ahead of Republican Donald Trump's scheduled inauguration later in the day. The largest cryptocurrency touched $109,333 on Binance.

BTC reversed losses from earlier in the day when it fell to nearly $100,000 from a high over $102,000 on Sunday as first lady Melania Trump issued a memecoin, drawing liquidity away from major assets.

Trump has been vocal about his support for cryptocurrencies during his campaign.