Bitcoin price is currently retesting important support levels. Trump’s inauguration could fuel a massive rally for Bitcoin and altcoins SEC Chair Gary Gensler’s exit could also help strengthen the bullish play. Bitcoin (BTC) surged by over 3% in the past 24 hours, reaching a new all-time high (ATH) of approximately $109,114. As Bitcoin pushes towards new highs, the cryptocurrency market is gearing up for some important events, particularly with the Trump inauguration just hours away. The launch of the Trump Meme Coin ($TRUMP) and SEC Chairman Gary Gensler’s upcoming departure have heightened speculation for a more favorable regulatory environment. The recently launched Trump meme coin went through some wild fluctuations in price, surging up to 200% at one point, followed by a pullback of 20-30%. The upcoming inauguration is expected to further influence the meme coin’s performance, creating more volatility in the short term. Related: OFFICIAL TRUMP (TRUMP) Price Prediction 2025-2030: Will TRUMP Price Hit $150 Soon? Bitcoin’s Resistance and Support Levels Bitcoin is preparing for its next big move in the ongoing bull market, similar to … The post TRUMP Token Fuels Crypto Gains as Gensler’s Exit Sparks Bitcoin Rally appeared first on Coin Edition .
