On-chain data shows renewed buying interest and lower supply on Binance, driving Bitcoin’s recent price increase. Open Interest and active addresses also suggest stronger market participation and potential for further gains.

The cryptocurrency market’s turbulence persists as Bitcoin (BTC) surged by approximately $7,000 within minutes, achieving a new all-time high of $109,114, as per data from coinmarketcap. As per data from Binance,

Bitcoin hits $110K amid Trump inauguration buzz and pro-crypto legislation with analysts cautioning on market volatility

Bitcoin (BTC) zoomed to a record level above $109,000 during the Asian trading hours on Monday ahead of Republican Donald Trump's scheduled

Key Takeaways Bitcoin rose to a new all-time high of more than $109,000 ahead of the inauguration of U.S. President-elect Donald Trump on Monday.The price rise comes as the TRUMP meme coin was launched Friday evening and experienced a wild weekend of trading action.