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The Trump Effect! Bitcoin Reaches Over $109,000

The Trump Effect! Bitcoin Reaches Over $109,000

Bitcoin reached its highest price since the cryptocurrency's creation, with a value of $109,241 ahead of Trump's inauguration ceremony.

The world's largest cryptocurrency has surged since Trump won the presidential election in November, with bitcoin surpassing $100,000 for the first time in early December.

Despite once calling cryptocurrencies a "hoax," Trump changed his stance and was an advocate for them during his election campaign.