The price of Bitcoin is around $107,000, after reaching a record level of over $109,241 before Donald Trump's inauguration as President of the United States in January 2025.
*Effects of Bitcoin Price:*
- *High Volatility*: Bitcoin is known for its high price volatility.
- *Economic Policies*: Trump's policies may impact the price of Bitcoin, especially regarding regulation and tariffs.
- *Demand for Safe Assets*: Bitcoin is considered a safe haven and a hedge against inflation, which may influence its price ¹ ².28386043051
99472521866