Bitcoin soared to about 109,420 USD just before Donald Trump’s inauguration. This spike was a recovery from a recent dip below 100,000 USD, following a meme coin launch, showcasing the cryptocurrency’s volatility.
With this increase, Bitcoin’s market capitalization now exceeds 2.1 trillion USD, securing its position as the seventh-largest asset in the world, trailing closely behind major companies like Amazon and Alphabet.
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