Bitcoin has surged to a new all-time high of $109,558 during early Asian trading hours, aligning with President Donald Trump’s inauguration day. Market observers point to the heightened possibility that Trump might establish a Strategic Bitcoin Reserve (SBR) through an executive order—one of possibly 100 he could sign immediately upon taking office.
Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term.