$BTC
As of January 14, 2025, Bitcoin (BTC) is trading at approximately $102,663, reflecting a 1.07% increase over the past 24 hours.
Recent analyses suggest a bullish trend for Bitcoin in the upcoming hours. Notably, major cryptocurrencies, including Bitcoin, have experienced significant rallies ahead of President-elect Donald Trump's second inauguration. Bitcoin surged 4.7% to around $104,982, closing in on its record high of $108,309. Market sentiment is bolstered by expectations of crypto-friendly policies from Trump's administration, including the potential nomination of pro-crypto former SEC Commissioner Paul Atkins as chair of the securities regulator.
Given these developments, Bitcoin is likely to continue its upward trajectory in the short term.
