Odaily reports that with only a few days left until the inauguration of President Trump, who supports cryptocurrencies, Bitcoin seems to be back on track to reach a record high. Since last Sunday, Bitcoin has risen about 12%, and is expected to record the largest weekly gain since the November election. Bitcoin reached a record high of $108,315 in December last year, but has fallen in three out of the past four weeks. Split Capital founder Zaheer Ebtikar said, "The market is currently digesting the factors of Trump's inauguration and his optimistic attitude towards cryptocurrencies." Previously, it was reported that Trump plans to issue an executive order to make cryptocurrencies a policy priority and give industry insiders a voice in his government. (Bloomberg)