Home News US market drove Bitcoin’s volatility ahead of Trump’s inauguration

US market drove Bitcoin’s volatility ahead of Trump’s inauguration

by Thaddeus Lemke

US market drove Bitcoin’s volatility ahead of Trump’s inauguration

US market drove Bitcoin’s volatility before Trump's inauguration

US market drove Bitcoin’s volatility before Trump’s inauguration US market drove Bitcoin’s volatility before Trump’s inauguration

US market drove Bitcoin’s volatility before Trump’s inauguration

with insights from CryptoQuant

Bitcoin’s original ATH and subsequent retraction were fueled by US-driven volatility before Trump's inauguration, whereas global exchanges buffered the storm.

US market drove Bitcoin’s volatility before Trump’s inauguration

Quilt artwork/illustration through CryptoSlate. Image contains blended notify that would possibly maybe well well furthermore encompass AI-generated notify.

Within the times round President Trump's inauguration, Bitcoin skilled a rollercoaster of highs and lows, peaking at $109,460. This turbulence modified into as soon as fueled by political uncertainty and the emergence of $TRUMP and $MELANIA memecoins, with US traders taking center stage over the weekend. As chaos ensued, the Coinbase premium plummeted, hinting at both waning put a question to or a surge in selling. However what hidden force outside the US conducted a pivotal role in averting an additional crumple? The answer will shock you.

Source credit : cryptoslate.com

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