Bitcoin recovers earlier drop below 100k- charging higher to a new record above 109k

Perhaps it is no surprise to see that Bitcoin made more progress on Friday evening, as the lead cryptocurrency rose above 105k for the first time in 2025. The move higher of course comes just in advance of the Trump inauguration later today. In fact it almost touched 106k ahead of the wider US close. Some backwards price action then followed on Saturday, when it drifted back close to 102k, before resuming the uptrend into Sunday evening, rising to around 106,250, as the Asian markets reopened. However, from there on a steep drop saw slide back to a low at 99,488 at the start of the Asian session today. The price action since has just seen BTC rebound even more aggressively than it fell. BTC has just set a new 2025 and all time record high at 109,241. it is right now at 107,800