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- #1: Bitcoin Shatters all expectations!📈🤯
#1: Bitcoin Shatters all expectations!📈🤯
Bitcoin shoots to $109241, Trump launches a memecoin and El Salvador
Dear Bitcoin Daily Readers,
On Monday, January 20, 2024 — Bitcoin shot up from $102,000 to $109,000 setting a new All Time High within a span of 20 minutes. This was a rise of $7000. To put things in context, around the time of April 2020 — you could have bought an entire Bitcoin for $7000. This just goes to show how rapid the world is Bitcoinizing and trust me when I say that “you don’t want to miss out”.
Continuing with our daily news coverage. Here are a few noteworthy things that took place in the past few days:
Donald Trump launches the $TRUMP memecoin — The newly re-elected president of The United States of America launched his own memecoin(sounds unreal, right?) and it immediately shoots up to match the market cap of coins like Shiba Inu with a market cap around $12 billion. It immediately entered the top 20 tokens by market cap which is insane.
The odds of Trump Creating a Strategic Bitcoin reserve within his first 100 days shoots above 50% on Polymarket
El Salvador adds another 11 BTC to their reserves! Amidst all the noise around the Donald Trump’s memecoin, the nation of El Salvador lead by President Bukele buys a staggering 11 BTC in a single day. With the recent IMF funding they seem to be accelerating their Bitcoin accumulation deviating from their daily purchase of 1 BTC.
This is all we have for you today. The Bitcoin roller coaster is going to be a wild one going forward. Enjoy the ride and keep stacking and we will keep doing our job of keeping you updated with everything!
See you tomorrow!