#BitcoinBounceBack The crypto market experienced a massive bull run, with Bitcoin reaching $100,000 and altcoins like XRP and Solana hitting multi-year highs.

The launch of Trump's official meme coin, TRUMP, in January 2025 also led to a significant increase in its value, with a rise of 490% in less than 24 hours. The market capitalization of the coin skyrocketed to $8 billion within three hours of its launch, making it one of the top 30 cryptocurrencies.

Trump's proposal for a US Strategic Crypto Reserve has also contributed to the bullish trend of the market. The reserve would include Bitcoin, Ethereum, XRP, SOL, and ADA.