In this article:Bitcoin price rises above $102,400.
The positive premium indicates that U. S. investors are looking to boost their #BTC holdings.
On his first day in the White House, Trump is expected to issue several executive orders related to #cryptocurrencies . He is expected to issue an executive order.
#Bitcoin (BTC) has surged ahead of President-elect Donald Trump's inauguration, with renewed interest from U. S. investors pushing rates higher. At the time of writing, the major cryptocurrency's exchange rate stood at $124.71 million, up more than 2% over the past 24 hours.
Recent data from analytics platform CryptoQuant shows that Coinbase's key premium indicator has recovered. This indicator tracks the price difference between Coinbase's BTC/USD and Binance's BTC/USDT and reflects sentiment in the U. S.
Burak Kesmeci, author of CryptoQuant, wrote the following on his blog Quicktake, in which he writes that as BTC continues to rise, U. S. investors are showing new buying interest.
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