Bitcoin started to lose value gradually from last Tuesday, and dropped to nearly $69,000 on Friday and a weekly low of $66,800 yesterday, due to outflows from spot Bitcoin ETFs. However, Bitcoin recovered all losses and currently trades at around $69,000. Most other altcoins have remained relatively still, with ETH, TRX, AVAX, and LINK slightly in the red, and BNB, SOL, XRP, ADA, and BCH with minor gains.
TON has dumped the most, losing nearly 6% in the past day and trading below $4.6. In contrast, the two largest meme coins have made impressive gains. SHIB is up by nearly 6%, while DOGE has soared by over 11% after Elon Musk mentioned it during a Jor Rogan podcast appearance. The total crypto market cap is essentially at the same spot as yesterday at just under $2.4 trillion on CG.
