“Will Trump’s Inauguration Trigger Bitcoin’s Next Unstoppable Surge?”

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Bitcoin is garnering renewed interest from U.S. investors amid the buzz surrounding the inauguration of President-elect Donald Trump, as its price action edges back into six figures. On-chain analytics from CryptoQuant have revealed a rebound in the crucial Coinbase premium metric, indicating a shift in market sentiment.

With only days remaining until Trump assumes office, speculation about potential pro-crypto policies has been intensifying, suggesting possible announcements that could influence the direction of the Bitcoin and altcoin markets. This anticipation is mirrored in the on-chain data, with the Coinbase premium returning to positive territory for the first time since January 6.


The Coinbase premium, which gauges U.S. market sentiment by comparing Bitcoin’s price on Coinbase with its price on Binance, has signaled a market currently dominated by buyers. As Bitcoin edges closer to the $100,000 milestone, U.S. investors are displaying a renewed appetite for the cryptocurrency.

Despite Bitcoin reaching an all-time high of $108,000, the premium index has predominantly shown negative values. However, the upcoming inauguration could disrupt this trend. As the market prepares for Trump’s inauguration, U.S. investors appear to be taking a bullish stance, with the Coinbase premium index reflecting increased dominance on both daily and hourly timeframes.

Meanwhile, Bitcoin’s price has climbed back to $102,000 ahead of the Wall Street open on January 17, marking the last trading session before inauguration day. Trading activity has shown a 2% increase, hitting 10-day highs and resulting in short liquidations as late bearish traders face challenges.

The recent upward movement places Bitcoin in a favorable position, aligning with historical quarterly performance trends, particularly in post-halving years. However, questions remain about how this renewed momentum may influence Bitcoin’s trajectory under the incoming Trump administration. As always, investors should exercise caution, given the inherent risks in cryptocurrency trading.