Bitcoin Carnival: Failed to reach $70,000, $PEPE recovered like a phoenix, $JASMY , $BEAMX , $ORDI is unstoppable! "
Bitcoin's roller coaster ride
Bitcoin (BTC) has recently experienced a heart-pounding roller coaster ride!
In the past 24 hours, the price of Bitcoin plummeted to $67,100 and then quickly soared to nearly $70,000. However, this wave of bull market was ruthlessly cut off. At the moment when the bulls cheered for victory, Bitcoin suddenly turned downward and failed to break through the coveted $70,000 mark.
Today, the price of Bitcoin has recovered to about $68,000, and market sentiment has fluctuated like a roller coaster.
**PEPE's gorgeous recovery**
Just when Bitcoin was in turmoil, PEPE staged a shocking counterattack! After experiencing a tragic decline in the past few days, this third largest meme coin finally ushered in today It soared by 9% and regained the $0.000015 mark. Like a phoenix reborn from the ashes, PEPE once again soared high, injecting a shot of adrenaline into the market.
**The dance of altcoins**
In this carnival of the crypto market, the performance of the three major altcoins, JASMY, BEAM and ORDI, was particularly eye-catching. JASMY led the way with a 27% increase, followed by BEAM with a 25% increase, and ORDI was not to be outdone, rising 18%. These altcoins are like rising stars in the market, shining with eye-catching light and attracting the attention of countless investors.
**The minuet of large-cap cryptocurrencies**
In contrast, the volatility of large-cap cryptocurrencies is much milder. Ethereum, Binance Coin, Solana, Ripple, Dogecoin and Toncoin all rose between 0.5% and 1%, like a group of gentlemen dancing a minuet, steady and elegant.
**Ups and downs of total market value**
Although the total market value of the entire cryptocurrency market has rebounded, it is still far below the $2.7 trillion mark. The turbulence of the market makes investors excited and nervous, as if they are in an adventure full of variables.
**Market analysis and forecast**
1. **Future trend of Bitcoin**: In the short term, Bitcoin may continue to fluctuate around $68,000, and the market needs new impetus to break through the psychological barrier of $70,000. If market sentiment continues to pick up, it is not ruled out that Bitcoin will challenge this high again in the next few days.
2. **Continued recovery of PEPE**: If PEPE can maintain its current upward momentum and keep the increase of more than 9% in the next few days, it is expected to regain its previous highs. However, investors need to be cautious about the possible risk of a pullback.
3. **Potential of altcoins**: The recent strong performance of JASMY, BEAM and ORDI shows that these altcoins have great development potential in the market. In the short term, their prices may continue to climb, but investors should pay attention to market fluctuations and adjust their investment strategies in time. #BEAMX