Bitcoin (BTC) dipped to $100,000 amidst a notable dip in the TRUMP token, down approximately 30%, coinciding with the launch of Melania Trump's own memecoin, MELANIA. As Bitcoin and other major cryptocurrencies like ETH, XRP, and SOL recorded losses during Monday's Asian trading hours, the launch of MELANIA on Sunday attracted significant market attention, drawing liquidity away from the TRUMP token. The MELANIA token achieved a record price of $13 shortly after its debut. Analysts suggest this trend reflects heightened interest in memecoins, indicating a bull market phase, potentially impacting BTC price movements. Market experts, including Arca's CIO Jeff Dorman, believe the emergence of the TRUMP token signals a new era of regulatory acceptance for cryptocurrencies, with Trump himself viewed as a catalyst for change. There are also anticipations that Trump could endorse an executive order establishing a strategic bitcoin reserve upon taking office.

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