TRUMP’s Meme Coin Dinner Sparks Price Rally, Bitcoin Takes Hit

Bitcoin witnessed a sudden correction this week, with the asset dropping around $2,000 after a period of impressive growth. Despite the market downturn, altcoin prices were mostly affected by the recent announcement that top 220 TRUMP holders will attend a special dinner with President Trump. This sparked significant gains for TRUMP, leading to a substantial price jump over the past few days. While Bitcoin experienced a brief upward movement before falling, the market cap of crypto assets as a whole has decreased.