Bitcoin Nearly Hits New Record High, TRUMP Coin Surges 11% (Market Overview)

Bitcoin's price nearly set a new record high, inching towards $108,000, which is less than 1% away from its all-time high. Despite minor setbacks, its market cap has risen to $2.120 trillion, with almost 61% dominance over other altcoins.

Meanwhile, the meme coin TRUMP experienced an 11% increase ahead of a dinner with top holders, trading above $14. The majority of other larger-cap altcoins are also slightly up, with ADA leading the charge with a 2.5% increase. Despite some minor losses, the total cryptocurrency market cap has added over $50 billion in a day, totaling $3.480 trillion.