{"id":821961,"date":"2025-01-22T11:11:56","date_gmt":"2025-01-22T17:11:56","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/22\/bitcoin-surges-to-104k-as-us-investors-fuel-buying-spree-before-donald-trumps-inauguration\/"},"modified":"2025-01-22T11:11:56","modified_gmt":"2025-01-22T17:11:56","slug":"bitcoin-surges-to-104k-as-us-investors-fuel-buying-spree-before-donald-trumps-inauguration","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/22\/bitcoin-surges-to-104k-as-us-investors-fuel-buying-spree-before-donald-trumps-inauguration\/","title":{"rendered":"Bitcoin surges to $104k as US investors fuel buying spree before Donald Trump\u2019s inauguration"},"content":{"rendered":"

Bitcoins <\/p>\n

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\"bitcoins Bitcoin surges to $104k as US investors fuel buying spree before Donald Trump\u2019s inauguration<\/span> Oluwapelumi Adejumo \u00b7<\/span> 5 days ago<\/span> <\/span> <\/span> <\/span><\/p>\n

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Insights<\/a> Bitcoin<\/a>Politics<\/a> <\/span><\/p>\n

US investors boost Bitcoin with strong institutional activity and ETF inflows ahead of Trump’s inaugration.<\/p>\n<\/div>\n

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As the United States prepares for Donald Trump\u2019s<\/a> inauguration on Jan. 20, interest in Bitcoin<\/a> among US investors has increased significantly.<\/p>\n

Data<\/a> from CryptoQuant shows that the Coinbase<\/a> Premium Index (CPI)\u2014a key metric comparing Bitcoin prices on Coinbase and Binance<\/a>\u2014briefly turned positive on Jan. 16. This marked the first uptick since Jan. 6, signifying a momentary boost in demand for BTC on the US-based exchange.<\/p>\n

\"bitcoins
Bitcoin Coinbase Premium (Source: CryptoQuant)<\/figcaption><\/figure>\n

Although the CPI has since dipped back into negative territory, other indicators suggest strong accumulation trends.<\/p>\n

One such indicator is the rise in over-the-counter (OTC) trading on Coinbase Prime, a platform institutional investors prefer for large Bitcoin transactions. This activity signals growing interest from US-based institutions, further underscoring a bullish sentiment.<\/p>\n

\"bitcoins
Coinbase Prime Inflows (Source: CryptoQuant<\/a>)<\/figcaption><\/figure>\n

Additionally, US Bitcoin ETFs have seen a dramatic turnaround after experiencing four consecutive days of outflows totaling $1.2 billion. The 12 funds attracted over $1.3 billion in fresh investments within the last two days, signaling renewed investor confidence in the flagship digital asset.<\/p>\n

\"bitcoins
US Bitcoin ETF Flows (Source: SoSoValue<\/a>)<\/figcaption><\/figure>\n

Market analysts explain that the convergence of the increased Coinbase Premium activity, higher OTC trading, and significant ETF inflows highlights a concerted push by US investors to solidify their stake in the Bitcoin market.<\/p>\n

This momentum could be critical in shaping Bitcoin\u2019s price trajectory as the inauguration approaches. Notably, BTC\u2019s price has risen more than 3% in the last 24 hours to $104,000 as of press time.<\/p>\n

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Latest Insights<\/h5>\n<\/div>\n
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Latest Alpha<\/span> Market Report<\/h6>\n<\/div>\n

Disclaimer:<\/strong> Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.<\/p>\n<\/div>\n<\/div>\n

Oluwapelumi Adejumo Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin surges to $104k as US investors fuel buying spree before Donald Trump\u2019s inauguration Oluwapelumi Adejumo \u00b7 5 days ago Insights Bitcoin Politics US investors boost Bitcoin with strong institutional activity and ETF inflows ahead of Trump’s inaugration. As the United States prepares for Donald Trump\u2019s inauguration on Jan. 20, interest in Bitcoin among US<\/p>\n","protected":false},"author":1,"featured_media":821962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,22203],"tags":[11476],"class_list":["post-821961","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-surges","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/821961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=821961"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/821961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/821962"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=821961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=821961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=821961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}