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Bitcoin Surges Over $109,000

AsianFin -- Bitcoin’s price soared to more than $109,000 early Monday, just hours before President-elect Donald Trump’s inauguration. The cryptocurrency surge comes as the industry anticipates swift action from Trump once he returns to the White House.

Formerly a skeptic who once dismissed bitcoin as a "scam," Trump has now embraced digital currencies with enthusiasm. He has launched a new cryptocurrency venture and pledged during his campaign to make the U.S. the “crypto capital” of the world early in his presidency.

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