Bitcoin Climbs to $104k: Why is BTC Up Today?
In a stunning display for the largest cryptocurrency by market cap, Bitcoin has officially climbed above $104k, leading many to wonder why BTC is up today. Like much of the cryptocurrency industry, the asset has not had the greatest start to 2025. However, it has answered concerns with its massive surge as we pass the midpoint of January. Throughout the week, a host of cryptocurrencies have skyrocketed in price. Yet, Bitcoin was left more or less out of the equation as far as surging prices. The token has made up for that Friday, as it enters the last trading day before the inauguration of US President-elect Donald Trump back above the six-figure mark. Now, let’s explore why that could be. JUST IN: $104,000 Bitcoin pic.twitter.com/Y1LMdyP3mm — Watcher.Guru (@WatcherGuru) January 17, 2025 Also Read: Oklahoma Introduces Strategic Bitcoin Reserve Act Bitcoin Surges to Firmly Above $100,000 Level: Why Is It Up Today? There is no denying that Bitcoin had a revolutionary year in 2024. T...