According to Michaël van de Poppe, there is speculation that the inauguration of Trump as the 47th President may coincide with a cycle low for altcoins, implying a 'sell the rumor, buy the news' strategy. However, this remains speculative and traders should exercise caution. Source: Michaël van de Poppe (@CryptoMichNL, January 21, 2025).

According to Michaël van de Poppe, there is a potential for altcoin market movements to reach a cycle low around political events such as the inauguration of a new U.S. president. This may follow the 'sell the rumor, buy the news' pattern often observed in financial markets. Traders should monitor these events closely as they could signal significant buying opportunities. Source: Michaël van de Poppe (@CryptoMichNL).

According to Greeks.live, there is interest in who is staying up in Asia to watch the inauguration, highlighting the event's global reach and potential impact on market sentiment.

According to CCData, Bitcoin has reached an all-time high of $109,181 ahead of the inauguration ceremony, driven by market optimism about favorable crypto regulations anticipated under the new administration.