Bitcoin bounces back ⛹️‍♂️

Bitcoin recovers $97,000 amid reports that President-elect Donald Trump will issue a pro-crypto executive order shortly after his inauguration.

Author

Stephen Graves
January 14, 2025

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📝 What you need to know

After a rough start to the week, Bitcoin has recovered to levels above $97,000.

The cryptocurrency has been bolstered by reports that President-elect Donald Trump will issue a pro-crypto executive order shortly after his inauguration.

But volatility remains a concern, with researchers attributing Bitcoin’s dip below $90,000 earlier this week to speculation that the U.S. government could delay cuts to interest rates, following better-than-expected employment figures.

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