Bitcoin reached a new all-time high overnight, fueled by the launch of meme coins by the incoming first couple. Traders are optimistic about the incoming administration's stance on cryptocurrency, seeing it as a positive sign for the industry. Meanwhile, the Trump meme coin has surged over 659% since Friday, attracting significant trading volume.
hit a new all-time high overnight after the incoming first couple launched a pair of meme coins and as traders await the
"The move highlights President Trump's embrace of crypto and belief that Americans should have the freedom to operate in the emerging asset class," said Joel Kruger, market strategist at LMAX.
Bitcoin Meme Coins Cryptocurrency Trump Market Sentiment
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