Pepe used to rise until today, but now it has fallen 14%.
Bitcoin stopped just above the 70,000 mark at the beginning of the week, then failed to resume its bullish momentum and fell to 67,000 yesterday.
Alternative coins are also getting cheaper, with SHIB, DOT, DOGE, DOGE, PEPE and WIF losing a significant chunk of their dollar value overnight.
News of the spot #EarnFreeCrypto2024 ETF last week caused major cryptocurrencies to surge, including a massive spike to nearly $72,000 and a subsequent rebound and drop to $6,66,400 just days later.
However, after these financial instruments were actually approved on Thursday, #EarnFreeCrypto2024 began to recover and spent the weekend at around 669,000.
Monday was even more promising as the bulls began to rise and #bitcoin soared to a multi-day peak above $70,500. But at that point, the trend changed and the cryptocurrency began to rapidly lose value. In just a few hours, it fell to below 67,500.
Another rebound followed, but the scenario repeated itself and late last night BTC fell to a multi-day low of $67,200. It was unable to recoup most of its losses and is currently below the $68,000 mark.
Bitcoin's market value fell to $1.330 trillion, but its dominance over #altcoins increased from 0.5% to 50.2% in a single day.
As reported a few days ago, the 2 best performing assets were from PEPE and WIF, a niche meme coin. The former continues to rise, having set another all-time high, while the latter is gaining momentum with double-digit growth.
Now the situation is quite different, with Pepe down 14% for the day and WIF down more than 11%. Other major alts in the red included SHIB (-7%), DOT (-5%), DOGE (-4.5%), SOL (-3%) and NEAR (-4.5%).
Binance Coin lost the $1 mark after dropping 600% on the day, while #EarnFreeCrypto2024 fell 2% to 3,750.
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