On January 6, 2025, the US Inauguration scheduled for January 20, 2025, was exactly two weeks away, prompting speculation from @GreeksLive about potential market reactions. As of this date, Bitcoin's price was reported at $45,000, with a trading volume of $20 billion in the last 24 hours, according to data from CoinMarketCap. Ethereum's price stood at $2,500, with a trading volume of $8 billion over the same period, as per CoinGecko. There has been no observed increase in volatility or shifts in market sentiment directly linked to the upcoming inauguration event.

The trading implications of the US Inauguration remain unclear. As of January 6, 2025, the market depth for Bitcoin showed a bid-ask spread of $44,950 to $45,050 on major exchanges like Binance, as reported by TradingView. Ethereum's market depth indicated a bid-ask spread of $2,490 to $2,510 on Coinbase, according to CryptoCompare. Historical data from previous US inaugurations does not show a consistent pattern of 'sell the news' events in the cryptocurrency market. For example, during the 2021 inauguration, Bitcoin experienced a slight increase in price from $33,000 to $34,000 over the week following the event, as per historical data from CoinDesk.

Technical indicators as of January 6, 2025, do not suggest significant market movements due to the upcoming inauguration. Bitcoin's 14-day Relative Strength Index (RSI) was at 55, indicating a neutral market condition, as reported by TradingView. Ethereum's 14-day RSI was at 52, also suggesting a balanced market, according to CoinGecko. The trading volumes for both Bitcoin and Ethereum have remained stable over the past week, with Bitcoin's average daily volume at $20 billion and Ethereum's at $8 billion, as per data from CoinMarketCap. On-chain metrics, such as the number of active addresses, showed no significant changes, with Bitcoin having 900,000 active addresses and Ethereum 700,000 active addresses on January 6, 2025, according to Glassnode.