Comment on Bitcoin Breaks New ATH as Meme Coins Like Shiba Inu Soar Over 60% in the Past Week

Bitcoin Breaks New ATH as Meme Coins Like Shiba Inu Soar Over 60% in the Past Week

Bitcoin keeps climbing, hitting a new all-time high of $86,000, and most meme coins, like Shiba Inu, are also seeing price rallies. Will this upward trend continue into 2025? Since Donald Trump won the 2024 presidential election almost a week ago, crypto prices have surged. In just the past six days, many popular cryptocurrencies have increased by 8% to more than 60%. Bitcoin (BTC), for instance, has risen by 24.45% over the past six days and is now trading at a record high of over $86,000 per coin. Meme coins are also climbing: Shiba Inu has jumped over 60% in the past week alone.

 

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