Bitcoin appears to be back on track toward record highs with the second presidential inauguration of pro-crypto Donald Trump just days away.
The largest cryptocurrency by market value has climbed as much as 13% since Sunday, putting it on pace for the biggest weekly gain since election week in November. Bitcoin, which reached a record $108,315 in December, had declined in three of the prior four weeks. It was up about 4.9% to $105,076 as of 3:44 p.m. in New York.