These Meme Coins Explode Daily as Bitcoin Faces Enhanced Volatility (Market Watch)

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Bitcoin’s price soared by over two grand yesterday but was pushed back down today amid system issues coming from the largest US crypto exchange, Coinbase.

At the same time, several altcoins have taken the main stage with impressive gains, but none more notable than Pepe.It was just over a week ago – last Monday – when bitcoin jumped to a multi-week peak of $65,500 but the bears quickly intercepted the move and drove it south. The correction culminated on Friday with a price drop that pushed BTC all the way down to $60,200.

As most were preparing for another leg down that can see the cryptocurrency losing the coveted $60,000 level, the asset actually reversed its trajectory and reclaimed some value during the weekend to around $61,000.from $60,800 to $63,500 in just a few hours. However, it failed to maintain its run and retraced to just under $63,000.This is all you need not to miss any price action in the raging crypto markets.

Floki , Dogecoin , and WIF follow suit from this cohort of crypto assets. In contrast, most other alts are in the red, with ETF solidifying its place below $3,000 after a 2% drop and BNB down beneath $590.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions.

 

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