The highly volatile rollercoaster ride in the cryptocurrency market continues at full throttle, as BTC surged by nearly ten thousand within a few hours, reaching a new all-time high of just under $110,000.
This occurred just hours before the inauguration of newly elected U.S. President Donald Trump and his return to office.
In the past few days, the cryptocurrency space has experienced a wild frenzy. It all began when the future U.S. president launched his own meme coin, which sent shockwaves throughout the market.
The fluctuations persisted over the last 24 hours as his wife also introduced her own meme coin. BTC and most altcoins took a significant hit, with the leading cryptocurrency even dipping below $100,000 at one point.