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Image Credit: Cryptopotato

Meme Coins on the Rebound as Bitcoin (BTC) Consolidation Continues (Weekend Watch)

  • Bitcoin has recovered to $104,000 after a dip, while altcoins, particularly meme coins, have seen substantial gains in the past 24 hours.
  • BTC experienced volatility, reaching $106,000 before dropping below $101,000 and then bouncing to $105,000. Currently, BTC is holding above $103,000.
  • Altcoins like Ethereum and XRP have shown daily increases, with meme coins like SHIB, WIF, Fartcoin, BONK, and FLOKI recording significant gains.
  • Overall, the total crypto market cap has surpassed $3.4 trillion, with a $30 billion increase since yesterday.

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