As Donald Trump's inauguration approaches, the crypto market is buzzing with optimism. Currently, Bitcoin is holding strong above $100,000. Reports suggest that Trump may prioritize cryptocurrency in his administration, which is contributing to this positive sentiment. Notably, a blockchain address linked to Trump's World Liberty Finance project has acquired nearly $10 million worth of ETH. Additionally, the dynamics of Near Protocol's NEAR token are looking favorable due to an increase in staked supply. The overall outlook for the market appears bullish, particularly after recent U.S. inflation reports alleviated some economic concerns. However, analysts caution that a significant announcement on inauguration day could dramatically influence prices, with a potential short-term correction if expectations are not met. U.S. investor demand seems tepid, as evidenced by Bitcoin trading at a discount on Coinbase versus Binance, suggesting cautious market sentiment ahead of political developments.

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