Crypto Market Volatile: Bitcoin Drops to $62K, Altcoins and Meme Coins Fall Back 🚀
- The crypto market continues to be volatile. Most coins are trading in the red after yesterday's rally.
- Bitcoin dropped from $64,400 to $62,000. It's currently at $62,300.
- Altcoins are down 1-2%, while meme coins are experiencing major losses. POPCAT is down 17.5%, PEPE, BONK and WIF are down 8-10%.
- FTX's restructuring plan approved; $14.7-$16.5 billion to be repaid to creditors.