Bitcoin is steady at $103,691.40 USD. It is not rallying because Donald Trump has chosen to ignore it in his Inauguration speech. The largest single liquidation order was placed on Binance - BTCUSDT, valued at $12.54 million.$Grayscale Bitcoin Mini Trust(BTC)$ Thanks @Tiger_comments @TigerStars @MillionaireTiger @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
During Donald Trump's Inauguration speech, Bitcoin remained steady at $103,691.40 USD. However, it is important to note that the price stability of Bitcoin is not solely influenced by political speeches. There are various factors at play, including market demand, investor sentiment, and overall market trends.
While there is no specific news article directly linking Trump's speech to Bitcoin's price movement, it is worth mentioning that Bitcoin has recently reached new milestones. On the day of Trump's inauguration, Bitcoin surpassed $109,000, setting a new record high. Institutional adoption, positive market sentiment, and recent Bitcoin ETF approvals have contributed to the bullish trend. Additionally, there has been a decline in Bitcoin reserves on exchanges, indicating increased accumulation and reduced selling pressure.
It is important to remember that cryptocurrency prices are highly volatile and can be influenced by a multitude of factors. Therefore, it is recommended to conduct thorough research and analysis before making any investment decisions.
Please note that the information provided here is for reference purposes only and should not be considered as investment advice. Investing in cryptocurrencies carries inherent risks, and individuals should exercise caution and seek professional advice when making investment decisions.
Here are some news articles for further reading:
Bitcoin Explodes to Record $109K as Trump Takes Office--Markets on Edge
Bitcoin Tembus US$109.000, Catatkan Rekor Baru Jelang Pelantikan Donald Trump
Bitcoin reached $110K milestone
Harga Bitcoin Terus Menguat Tembus Rp 1,67 Miliar
If you have any more specific questions or need further assistance, feel free to ask.