Bitcoin (BTC) Reached a Record High of $68,900 on May 25, Setting a New Milestone.
Bitcoin (BTC) rose to an impressive $68,900 on May 25, and this passed without significant market volatility. This rise has reignited interest in the cryptocurrency market, and many investors are closely watching Bitcoin's next move. The stability in Bitcoin's price has provided optimism that upward trends may occur in the near future.
Impact of Altcoins
While Bitcoin experienced a significant rise, altcoins showed minimal fluctuations. Dogecoin (DOGE), the leading meme coin in terms of market cap, had a remarkable day. Kabosu, the iconic dog of the Dogecoin mascot, passed away, his owner announced. Following this announcement, Elon Musk made a post and DOGE rose above the $0.17 level, but could not sustain a larger uptrend. Although it failed to surpass the $0.174 level, maintaining the $0.166 level was encouraging. If DOGE continues to rise, it could reach $0.18, $0.197, and potentially $0.21. When it exceeds the $0.23 level, it is possible that a big rally will start and the rise will peak.
Shiba Coin (SHIB) has been trading sideways for a long time with minimal upside. Unlike Bitcoin's fluctuations, SHIB failed to realize the expected rise. To break the current recession, SHIB must surpass the $0.0000269 resistance. Additionally, the lack of exciting developments from Shibarium or new projects negatively impacts SHIB's appeal.
PEPE Coin Price Prediction
PEPE Coin attracts attention among meme coins and is constantly rising without providing profit opportunities. The number of investors making profits is increasing and the price recently reached $0.0000158. If the $0.0000125 top is lost, a significant downside risk could arise and the price could drop to $0.0000089.
Not Investment Advice
