Bitcoin (BTC) reached a new all-time high of $109,350.72, driven by optimism surrounding the Trump administration's potential support for cryptocurrencies. Rumors of a crypto advisory council and a U.S. Bitcoin reserve further fueled the bullish sentiment. Despite this, the launch of Trump and Melania memecoins limited Bitcoin's overall growth as capital flowed into these new coins. However, the launch of these memecoins was seen as a positive sign of the administration's openness to crypto and new markets, according to experts. While Bitcoin's rally eased on Monday, analysts believe there is still potential for further upside if the market remains optimistic about crypto-friendly policies.



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