Bitcoin hits new record highs as Trump's inauguration draws near

With the inauguration of US President-elect Donald Trump fast approaching, the price of Bitcoin has surpassed 160 million won (approximately 17.24 million yen), setting a new record high once again, according to News 1.
With President-elect Donald Trump expected to sign dozens of executive orders after taking office, the industry is paying close attention to whether he will issue cryptocurrency-friendly policies.
At 4 p.m. on the 20th, the price of Bitcoin in South Korea based on Upbit was 161.2 million won (approximately 17.37 million yen), up 4.68% from 9 a.m. on the same day.
This is the first time that Bitcoin has exceeded 160 million won (approximately 16.24 million yen). On the same day, the overseas Bitcoin price based on Binance rose 2.56% to 10,000,000 won (approximately 16.24 million yen) compared to the same time the previous day.
On the same day, Bitcoin also temporarily surpassed $109,000 (approximately ¥17.03 million) on Binance, setting a new all-time high.
Bitcoin's record high continues from the previous day. On the previous day, Bitcoin temporarily recorded 159,999,000 won (approximately 17.24 million yen) on Upbit, the highest price at the time (
With the inauguration of the next president, Donald Trump, just half a day away, the price of Bitcoin is staying high.
-The inauguration ceremony for President-elect Trump will take place at 2:00 a.m. on the 21st, Japan time.