In the crypto market today, US President Donald Trump did not address digital assets on the first day of his administration, choosing to focus on his ‘America First Priorities’ agenda, which notably excludes cryptocurrency. In market developments, Bitcoin achieved a new all-time high above $109,000, rising significantly just before Trump's inauguration. Bitcoin's price peaked at $109,036, reflecting a 6% surge, before retracting slightly. Trump’s inauguration seems to be a pivotal moment for the crypto market, echoing prior bullish trends following his election. Meanwhile, a memecoin associated with Trump, called Official Trump (TRUMP), experienced a sharp decline in its market cap following the launch of a similar token, Melania Meme (MELANIA), by his wife, Melania Trump. After her token's launch, TRUMP's valuation fell from $14.92 billion to about $7.8 billion within a short period. The crypto landscape remains vibrant as these events unfold, highlighting the intersection of political developments and cryptocurrency volatility.

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