Bitcoin hit record highs on Monday, as President- Donald Trump, and First Lady-again Melania Trump launched their meme coins, days ahead of the inauguration.
The cryptocurrency leader reached above $108,000(£88,668) for the first time ever on Monday morning, ahead of Trump’s official return to office.
Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “With the writing on the wall so overwhelmingly pro-crypto as Trump returns to the White House, Bitcoin has surged again in value to a fresh record high.”
This price surge followed the launch of the Trump family’s cryptocurrencies over the weekend, under the names of $TRUMP and $MELANIA.
Both meme coins initially surged dramatically, with the…
