Bitcoin (BTC) rallied to a high of $104,254 on Friday as traders anticipate a Trump-led rally with the inauguration event on Monday. The crypto community of traders, investors and businesses has pinned their hopes on the first-ever crypto president’s plan to designate crypto as a national priority.
Ethereum (ETH) traded above $3,400 on Friday following core developers’ decision to roll out the Pectra upgrade in March. Meanwhile, ETH is looking to overcome the resistance near a key descending trendline that extends from mid-December.
Top meme coins Shiba Inu (SHIB) and PEPE rallied above 10% on Friday as the crypto market looked strong heading into the weekend. A massive surge in open interest in both tokens indicates rising investors’s optimism.
