Donald Trump is the 47th U.S. President, Bitcoin Price Nears $110K and More: Jan 21

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Bitcoin traded near $110,000 today at $109,356 and is currently priced at $102,265, up +0.94% in the past 24 hours, while Ethereum trades at $3,283, up +2.17%. The Fear and Greed Index remains balanced at 76, indicating a bullish market sentiment despite recent price fluctuations. The crypto market has entered a new phase. Donald Trump’s inauguration as the 47th U.S. president on January 20, 2025 triggered major shifts in both politics and crypto. Bitcoin soared to new highs near $110,000 at $109,356. Trump’s World Liberty Financial (WLFI) sold more tokens at a premium and then spent $103 million on notable digital assets. These events illustrated how political developments and cryptocurrencies became increasingly interlinked after Trump took office.

 

What’s Trending in the Crypto Community? 

  • Trump was inaugurated as the first “crypto president” in U.S. history; his inaugural speech did not mention cryptocurrencies.

  • Justin Sun: TRON DAO has invested an additional $45 million in World Liberty Financial.

  • The Ethereum Foundation is exploring new staking options. Vitalik expressed personal opposition to staking through service providers and Ethereum supports independent staking.

  • CoinGecko introduced a "Made in USA Tokens" category, while Ave.ai launched a “Celebrity Tokens” curated channel.

  • Utah Representative Jordan Teuscher proposed strategic Bitcoin reserve legislation.

 

 Crypto Fear & Greed Index | Source: Alternative.me 

 

Trending Tokens of the Day 

Top 24-Hour Performers 

Trading Pair 

24H Change

KCS/USDT

+5.78%

SOL/USDT

-1.24%

RAY/USDT

+24.96%

 

Trade now on KuCoin

 

Donald Trump Sworn in as the 47th U.S. President

Donald Trump is sworn in as the 47th president of the United States by Chief Justice John Roberts in the U.S. Capitol in Washington on Monday. Source: The Associated Press

 

Donald Trump was sworn in as the 47th president of the United States on January 20, 2025 in the U.S. Capitol in Washington. Tech giants Musk, Zuckerberg, Bezos, Sam Altman, TikTok CEO Shou Zi Chew, and Chinese Vice President Han Zheng were present at the ceremony. At 40 years old, JD Vance was sworn in as the vice president of the United States. “This moment marks the start of America’s Golden Age,” Trump declared in his inaugural address. “From today onward, our nation will thrive and once again command respect around the globe.”

 

The Executive Order for DOGE

President Donald Trump signed an executive order Monday to establish an advisory group called the Department of Government Efficiency, or “DOGE,” with the goal of carrying out extensive cuts to the U.S. government.

 

Tesla CEO Elon Musk is leading DOGE, which aims to eliminate entire federal agencies and slash 75% of federal government jobs. Former Republican presidential candidate Vivek Ramaswamy served as co-chair but stepped down to pursue elected office, according to Trump spokesperson Anna Kelly. A source familiar with Ramaswamy’s plans indicated he plans to run for governor of Ohio.

 

“In order to restore competence and effectiveness to our federal government, my administration will establish the brand new Department of Government Efficiency,” Trump said in his inaugural speech Monday.

 

The executive order, unveiled by the White House later that evening, outlines DOGE’s mission to “modernize federal technology and software.” Trump added that around 20 individuals will be hired to ensure the group’s objectives are carried out.

 

Read more: Donald Trump Becomes the 47th President of the United States and Ushers in a Bold New Era with D.O.G.E.

 

Bitcoin Price Nears $110,000

Bitcoin Nears $110,000 in Surge January 20, 2025. Source: Coinglass

 

Bitcoin reached record levels on January 20, 2025, topping $109,356 on Bitstamp. Polymarket analysts estimated a 60% chance Trump might create a Bitcoin reserve in the first 100 days in Office. TradingView data showed BTC rising more than 6% in minutes, briefly surpassing $109,000 before settling near $108,000. Many had anticipated policy announcements from the incoming administration to drive market volatility and push prices higher. After the recent surge, Bitcoin’s price forecast remains bullish, with possible new all-time highs near $120K and $130K. However, if BTC slips under $100K, this positive scenario could fail and spark a drop toward $90K.

 

Source: CoinGape via TradingView

 

Trump’s World Liberty Financial Sold More Tokens After Presale

Source: www.worldlibertyfinancial.com

 

Trump-backed World Liberty Financial revealed it had sold 20% of its token supply and released another 5% at a 230% markup. We’ve completed our mission and sold 20% of our token supply, the group stated on January 20, 2025 in an X post. Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply. Observers suggested the platform might use a TWAP strategy to acquire Bitcoin and Ether, mirroring the crypto surge past $100,000 in December 2024.

 

World Liberty Financial Boosted Crypto Holdings By $103 Million

Source: Spot on Chain. WLFI Transactions January 20, 2025

 

World Liberty Financial (WLFI) committed $103 million to a range of digital assets. It purchased 19.3 million TRX for $4.7 million, 13,261 AAVE for $4.7 million, and 177,928 LINK for $4.7 million. It also spent $32.8 million on 7,022 SETI, $18.8 million on 7,413 SWEAT, and $14.7 million on 5,037 MENA. WLFI’s ETH holdings reached over 47,000 ETH, worth $158 million. TRON DAO increased its stake by $45 million, raising its total investment to $75 million. TRON founder Justin Sun characterized this alliance as a shared effort to expand blockchain adoption worldwide. WLFI initially raised $30 million in a presale, selling 20% of its 100 billion token supply.

 

According to Spot on Chain, After $ETH, World Liberty Financial (@worldlibertyfi) is buying $TRX, $AAVE and $LINK. On January 20th, 2025, the fund spent $14.1M to buy:

• 19.3M $TRX ($4.7M)

• 13,261 $AAVE ($4.7M)

• 177,928 $LINK ($4.7M)

 

Note that TRON DAO (@trondao) also spent another 15M $USDT to buy 1B $WLFI today, raising their total investment to 3B $WLFI ($45M). Justin Sun also tweeted that TRON DAO would increase its investment in World Liberty Financial to $75M.

 

Read more: Donald Trump Backed WLFI Acquires $12 Million in Ethereum, Chainlink, and Aave

 

Conclusion

Trump’s inauguration took place as Bitcoin surpassed $110,000, reflecting heightened market optimism about potential crypto initiatives under the new administration. World Liberty Financial capitalized on the bullish atmosphere, widening its token sales and allocating large sums to both established and emerging digital currencies. These actions underscored the deepening relationship between political leadership and the cryptocurrency sector, foreshadowing new developments in global finance.

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