Bitcoin (BTC) Sees Increased Demand from American Investors Ahead of Donald Trump’s Inauguration

Leading cryptocurrency Bitcoin (BTC) has witnessed a notable spike in inflows from US-based investors ahead of Donald Trump's inauguration on Monday.

Bitcoin (BTC) is seeing a strong demand from US-based investors ahead of Donald Trump’s inauguration on Monday, according to data from CryptoQuant.

This is evident in the rising Coinbase Premium Index, which has surged by 116% in the past seven days and now sits above the zero line at 0.02.

The index measures the difference in price between BTC on Coinbase and Binance. When the index climbs, it indicates stronger buying pressure from US-based investors, reflecting increased demand in the region.

This is happening as American investors are turning to BTC, speculating that Trump’s pro-crypto stance will lead to positive regulatory shifts that could boost the coin’s price.

However, in contrast, Asian investors appear more cautious. The Korean Premium Index, which reflects the price difference of BTC on Korean exchanges, is declining. As of this writing, this stands at 0.53, plummeting by 66% in the past seven days.

This drop indicates reduced buying activity in the region, likely influenced by the market’s current consolidation phase.

Meanwhile, BTC’s price is showing signs of recovery on the daily chart. After falling to a low of $92,300 last week, the coin has bounced back and is currently trading at $103,107, slightly above the key resistance formed at $102,538.

If coin accumulation by US investors persists, it could provide the momentum needed for the king coin to rally toward its all-time high of $108,388.

However, if buying activity wanes, this could put downward pressure on the coin’s price, causing it to fall toward $95,513.