Bitcoin recovers to around $1.05k on expectations of Trump executive order

2025.01.18. AM 05:57
Font size settings
Print Suggest Translation Improvements
Cryptocurrency giant Bitcoin saw a sharp rise after reports that Trump plans to issue an executive order to put virtual currencies on policy priorities, including Bitcoin's strategic asset stockpile.

On the cryptocurrency exchange Coinbase, the price per unit of Bitcoin was up 5.59% from 24 hours ago to $105,945.

Around the same time, Ethereum was trading at $3,416.68, up 2.1% from a day earlier, while Ripple, which recently surged, was down 4.9% from a day earlier to $3.19.

Bloomberg said Bitcoin is up about 12% since the 12th, the biggest gain since last November's presidential week.

Bitcoin's recent surge, which has been weak for a while, is interpreted as a reflection of expectations after reports that Trump plans to issue an executive order to activate Bitcoin shortly after taking office on the 20th.



※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr


[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]