๐ฃHey there, Bitcoin enthusiasts! ๐ขWhat a rollercoaster week it's been for the crypto market! The total market cap took a $70 billion hit as Bitcoin's price dipped below $64K. Despite a few attempts to bounce back, BTC couldn't regain its footing. Now, it's trading at $64K, but it's looking a bit shaky. ๐ฐ
But wait, it's not just Bitcoin feeling the heat. The altcoin market is also in the red, with meme coins taking a significant hit. Large-cap cryptos like BNB and Solana are also down. However, Ripple's XRP managed to defy the trend and is up 2.2% despite legal challenges. ๐
Meme coins are having a tough time, with the entire category down a whopping 14%. Is the meme coin season over? Only time will tell. ๐ฐ๏ธ
Despite the bearish trend, the crypto market remains exciting. Who knows what next week will bring? ๐คทโโ๏ธ
In other news, MicroStrategy bought another massive batch of BTC worth almost $800 million. Retail investors are still missing, and the Winklevoss twins donated $2 million in BTC to Trump's campaign. ๐ฐ
So, buckle up, folks! The crypto ride is always thrilling, and we're here for it! ๐๐
P.S. Don't forget to check out this week's chart analysis of Ethereum, Ripple, Binance Coin, Dogecoin, and Polkadot. ๐