Bitcoin rises 3.48% on Trump hopes, trading at $106,000

With President Trump officially taking office, Bitcoin rose more than 3% to the $106,000 range on the expectation that he would provide positive news for cryptocurrencies.
As of 7:30 a.m. on the 22nd, Bitcoin was trading at 106,453, up 3.48% from the previous 24 hours on CoinMarketCap, a global coin market relay site.
Bitcoin temporarily dropped to $100,103 in disappointment that cryptocurrencies were not included in the executive order, but President Trump quickly boosted cryptocurrency activity.
As Bitcoin rose, Ethereum, the second largest by market capitalization, rose 1.28%, and Ripple, the third largest by market capitalization, rose 2.61%, and most
Coins rallied.