Bitcoin Soars Ahead of Trump’s Inauguration

“The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump’s inauguration, as a pumped up cryptocurrency industry bets he’ll take action soon after returning to the White House,” the AP reports.

“Once a skeptic who said a few years ago that bitcoin ‘seems like a scam,’ Trump has embraced digital currencies with a convert’s zeal. He’s launched a new cryptocurrency venture and vowed on the campaign trail to take steps early in his presidency to make the U.S. into the ‘crypto capital’ of the world.”