Bitcoin

Küresel markets saw turbulent sessions following Donald Trump’s inauguration on Monday and early Tuesday, reacting sharply to comments about Trump’s tariff plans, with asset classes including stocks, currencies, commodities, and cryptocurrencies showing significant volatility.

Riding the waves of the crypto markets, and leading up to his inauguration, the incoming US President Donald Trump last week unveiled his own cryptocurrency, which sold for billions of dollars.

Bitcoin price reclaimed the $100,000 (€96,300) mark on Monday, triggered by a sharp retreat in the US dollar. However, the rally may not be sustained due to a relatively low trading volume and the lack of a fresh catalyst.

Bitcoin’s stunning gains this year have been attributed to optimism surrounding US regulatory developments. Analysts predict the cryptocurrency may have significantly more room for growth in 2025.