Crypto price update: Bitcoin reaches all-time high, Melania and SPX6900 memecoins lead daily gains

Description

Bitcoin hit a new all-time high just hours before the second time President Donald Trump was set to enter the white house. Market euphoria peaked as industry proponents hoped for friendlier regulations under a new administration, with the overall cryptocurrency market capitalization reaching a monthly high above $3.8 trillion. The altcoin market, despite being on the greener side, saw gains concentrated across a few leading meme coins, as a lot of the liquidity in the sector was absorbed by Trum...