Bitcoin reaches over $100k on the back of excitement for Trump’s “day 1” executive orders and favorable inflation data... but that's not all that happened this week!
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BTC Reclaims $100k Ahead of Trump Inauguration
Bitcoin reaches over $100k on the back of excitement for Trump’s “day 1” executive orders and favorable inflation data. BitMEX is hit with an additional $100mn fine in relation to its violations of the Bank Secrecy Act, and Phantom Wallet raises $150mn. In Trending Topics, we look at the big SEC shift coming next week.
High correlations and broad de-risking amidst dollar strength pushed BTC below $90k. We're entering a week destined for unpredictable action, culminating in Trump's inauguration. Will it be a sell-the-news event?lg...more
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