$BTC

Bitcoin (BTC) is trading at approximately $104,015, experiencing a slight decrease of 0.63% from the previous close. The day's trading range has seen a high of $106,351 and a low of $103,986.

Throughout January, Bitcoin's price has shown an upward trend, starting the month at $93,548.80 and closing on January 20 at $103,961.20, marking an 11.13% increase.

Analysts attribute this growth to factors such as increased stablecoin reserves on major exchanges like Binance, indicating substantial buying power.

Additionally, optimism surrounding U.S. President Donald Trump's pro-crypto policies has bolstered market sentiment.

However, the market remains volatile, with recent developments like the launch of President Trump's meme coins introducing both excitement and caution among investors.

As always, investors are advised to stay informed and exercise prudent risk management.