Multiple Positive Factors Propel Bitcoin to Historic Highs Before Trump's Inauguration

Before Donald Trump officially took office as the President of the United States, Bitcoin surged to a historic high. Traders were optimistic that Trump would implement policies supportive of digital assets. A strategist at Ned Davis Research said in a report, "Cryptocurrency investors have several things to look forward to in the coming weeks, including a crypto-friendly government and strong seasonal performance for Bitcoin in February."