Love it. He hates it. It certainly lives up to the memes and this time, literally. Trump launched his own cryptocurrency over the weekend, called $TRUMP and it has already generated around $12 billion in market cap (the high was $14 billion overnight). It's driving a buying spree in the crypto space and Bitcoin is now catching on as well.
The cryptocurrency “benchmark” is now trading up to nearly $109,000 in an attempt to reach record highs. Buyers are certainly being rewarded for keeping the line around the $90,000 to $92,000 mark since December.
BTC/USD daily chart (Coinbase)
Price action is flirting with a break of the December level of $108,388 now. Moon. 🚀
