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After another massive overnight rally, as of Sunday morning, Trump's crypto holdings were worth as much as $58 billion on paper, enough – with his other assets – to make him one of the world's 25 richest people,
the Axios website reported Bitcoin created a new all-time high of $109,194 just hours before Trump’s inauguration, continuing its impressive rally. Since Election Day, Bitcoin has climbed over 60%, pushing its market cap beyond $2.13 trillion. The anticipation of Trump announcing the Strategic Bitcoin Reserve after the inauguration has led to a fresh rally in Bitcoin."
Edul Patel, Co-founder and CEO of Mudrex, told ABP Live The launch of meme coins by Trump and Melania is another trigger for the rally, turning millions of new eyes toward the market and bringing in fresh liquidity. $TRUMP token is launched for his supporters to celebrate his return to the White House. After his pro-crypto stance, this launching of coin sends a strong message about his position on the future of digital assets. This week is going to be a great on with momentum building up, if it continues, BTC is all set to cross the most awaited $110,000 milestone soon."
As far as general expectations from the Trump Administration, I think one of the best things to bet on is a tone change at the SEC,
said Peter Van Valkenburgh, the executive director of the advocacy group Coin Center You’re going to be very happy with me,
Trump told crypto-enthusiasts at a bitcoin conference last summer In the last 24 hours, Bitcoin has retraced to the $101,600 mark after a brief rally, reflecting a volatile market influenced by political developments. As Donald Trump prepares for his inauguration, Bitcoin surged to highs near $106,000, driven by optimism surrounding his crypto-friendly policies. However, the market faced a setback as Trump's memecoin plummeted 38% following the launch of Melania Trump's memecoin.”
Shivam Thakral, CEO of BuyUcoin, said In an extraordinary weekend for the crypto world, the new US president Donald Trump launched a memecoin of his own called TRUMP on Solana blockchain leading to a massive rally in SOL and TRUMP however the rally did not last long as with Donald Trump’s wife Melania launching another token with her name showing that Donald Trump’s wholehearted support could fade over time.”
CoinSwitch Markets Desk noted While it's tempting to dismiss this as just another Trump spectacle, the launch of the official Trump token opens up a Pandora's box of ethical and regulatory questions,
said Justin D'Anethan, an independent crypto analyst based in Hong Kong Beyond that optimism, Trump policies are expected to be a double-edged sword,
Ipek Ozkardeskaya, senior analyst at Swissquote Bank, said on Monday CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU'RE WELCOME!!! Together, we will Make America Great Again!"
When bitcoin reached the landmark $100,000 level, Trump wrote on Truth Social Should public figures, especially those with such political clout, wield this kind of sway in speculative markets? That's a question regulators are unlikely to ignore,
Don’t delude yourself. It’s Idi Amin level corruption,
he wrote, referring to the former Ugandan dictator
