#TrumpMarketWatch
Bitcoin gets a flying start on US Presidential Inauguration Day as new all-time highs put $110,000 on the radar.
1. Traders see major volatility characterizing Bitcoin BTC $108,339 and crypto markets this week as President-elect Donald Trump takes office.
2. Trump is already delivering multiple volatility catalysts, with rumors that he will announce a strategic Bitcoin reserve during his inauguration speech already circulating.
3. Macroeconomic data takes a backseat for a few brief days before the US inflation battle returns to the spotlight.
4. The flipside to the Trump crypto narrative makes itself known as traders navigate unpredictable memecoin announcements.
5. No one is in the mood to sell BTC, exchange reserve data shows, with available supply at its lowest level since 2018.
