The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week.

Bitcoin (BTC) rallied to a high of $104,254 on Friday as traders anticipate a Trump-led rally with the inauguration event on Monday. The crypto community of traders, investors and businesses has pinned their hopes on the first-ever crypto president’s plan to designate crypto as a national priority.

In December, Trump tapped Paul Atkins to lead the Securities and Exchange Commission. Atkins, a former SEC commissioner under President George W. Bush, has worked recently on digital assets and is set to replace Gary Gensler, who is seen by many as a crypto critic.

A blockchain address associated with Trump's World Liberty Finance (WLF) project snapped up nearly $10 million of ETH this week, according to Arkham Intelligence. And keep your eyes on layer-1 blockchain Near Protocol's NEAR.

The global crypto market is up nearly $400 billion since Monday as light inflation and reports of a pro-crypto executive order sparked gains.

Bitcoin rejoined the crypto rally amid reports that President-elect Donald Trump could release an executive order on crypto as soon as day 1.

Bitcoin rose back above the key $100,000 level, reaching a 10-day high of $102,081 overnight, according to LSEG data. Traders are returning to cryptocurrencies in anticipation of Donald Trump's inauguration on Monday.