Market Movers

Meme Coins See Renewed Interest: While the broader market dipped, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) saw a temporary resurgence, potentially fueled by retail investor activity. However, the rally was short-lived.

BlackRock Hints at Potential Bitcoin Investment: Investment giant BlackRock deposited $100 million USDC on-chain, sparking speculation of a potential entry into the Bitcoin market. This could be a significant development for institutional adoption of cryptocurrencies.

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