From Investing.com

January 17, 2025 01:20:39 AM:

Bitcoin surged past $100,000 on optimism for Trump’s inauguration. Price hit record high of $108,244. Trump may sign executive order making crypto a national priority and create Bitcoin stockpile with confiscated holdings. Appointment of crypto advocate Paul Atkins as prospective SEC chair boosts investor confidence.

Altcoins jump tracking Bitcoin, with Litecoin surging 16%. Ethereum gained 0.2% to $3,374.21, while Binance Coin jumped 8.7% to $3.0616. Solana climbed 5%, Cardano rose 2.3%, and Dogecoin surged 7.7%. Shiba Inu gained 2.7%. Litecoin surged 16% on optimism for LTC-focused ETF approval, following Canary Capital’s SEC filing amendment on January 15. Approval would make Litecoin the third cryptocurrency with a U.S.-approved spot ETF.

Read more at Investing.com: climbs to $101k ahead of Trump’s inauguration By Investing.com