On January 20, 2025, Bitcoin reached a record high of $109,071 as President Donald Trump was inaugurated.
Reuters However, the cryptocurrency experienced a decline when President Trump’s initial executive orders did not address the digital asset sector, leading to investor disappointment.
Despite this initial dip, Bitcoin has since edged higher. As of January 21, 2025, it is trading at $106,345, reflecting a 2.55% increase from the previous close. The intraday high reached $106,434, with a low of $100,145.
Bitcoin (BTC)
$106,345.00
+$2,645.00(+2.55%)
Today 1D5D1M6MYTD1Y5Y max
President Trump’s Day One executive actions focused on areas such as immigration, energy policy, and the economy, but did not include specific measures related to cryptocurrencies.
Associated Press This omission led to a brief period of uncertainty among crypto investors. However, the market has since stabilized, with Bitcoin regaining strength as investors adjust to the new administration’s policies.
Analysts suggest that the initial decline was due to profit-taking after Bitcoin’s surge to its all-time high. The subsequent recovery indicates a resilient market, with investors maintaining a cautiously optimistic outlook on the cryptocurrency’s future under the current administration.
