MARKET OUTLOOK - Bitcoin Price Rises as Trump's Inauguration Approaches

Forex - Bitcoin gained momentum again, surpassing $100,000 ahead of Donald Trump's inauguration as U.S. President on January 20. Trump, who promised to make the U.S. the world's crypto capital, is expected to present policies supporting digital assets. Bitcoin rose by 0.1%, reaching $101,766 after hitting a 19-day high of $102,714 overnight. It had previously reached a record level of $108,379 on December 17 before undergoing a consolidation period. Citi Research analysts noted that cryptocurrencies could rebound by 2025, stating, "Potential regulatory changes will be one of the driving forces behind absolute and relative performance this year."