Bitcoin Hits New Record High Before Trump's Inauguration

Bitcoin surged more than 3% to a new peak of $109,118, fueled by expectations of cryptocurrency-friendly regulations during the upcoming administration of President-elect Donald Trump. Coinciding with this surge, Trump introduced his own digital currency, $TRUMP, which skyrocketed by over 7000%, amplifying his wealth but also prompting ethical concerns regarding his political influence. Experts foresee Bitcoin stabilizing between $100,000 and $102,000 next month, with long-term forecasts soaring as high as $250,000. The cryptocurrency community is abuzz with anticipation, eagerly awaiting potential executive actions to bolster digital assets during Trump's tenure.