verita84 on Nostr: Bitcoin's price dropped below $100,000 as markets reacted to the debut of Melania ...
Bitcoin's price dropped below $100,000 as markets reacted to the debut of Melania Trump's memecoin, MELANIA, which surged 24,000% and reportedly drew liquidity from the TRUMP token. The TRUMP token, linked to former President Donald Trump, saw a 30% decline to $49. The frenzied trading in these memecoins has raised concerns about a potential Bitcoin price correction. Meanwhile, some observers view the debut of the TRUMP token as a signal for wider crypto adoption.
https://www.coindesk.com/markets/2025/01/20/bitcoin-retraces-to-100-k-trump-tanks-30-as-melania-memecoin-skyrocketsPublished at
2025-01-20 04:49:24Event JSON
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"content": "Bitcoin's price dropped below $100,000 as markets reacted to the debut of Melania Trump's memecoin, MELANIA, which surged 24,000% and reportedly drew liquidity from the TRUMP token. The TRUMP token, linked to former President Donald Trump, saw a 30% decline to $49. The frenzied trading in these memecoins has raised concerns about a potential Bitcoin price correction. Meanwhile, some observers view the debut of the TRUMP token as a signal for wider crypto adoption.\n\nhttps://www.coindesk.com/markets/2025/01/20/bitcoin-retraces-to-100-k-trump-tanks-30-as-melania-memecoin-skyrockets",
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