"God candle," Samson Mow, a bitcoin developer who leads the Jan3 bitcoin wallet company, posted to X as the bitcoin price suddenly soared, hitting $109,400 on the Coinbase bitcoin and crypto exchange.

Bitcoin hit a new all-time high just hours before the second time President Donald Trump was set to enter the white house. Market euphoria peaked as industry proponents hoped for friendlier regulations under a new administration,

The price of Bitcoin surged to a new all-time high on the day of Donald Trump's inauguration as the 47th President of the United States, the information source CryptoPotato reports. On the last day, the coin added several thousand dollars and was valued at $107,