🎢 Bitcoin briefly hit a new peak of $95,000 before plummeting more than a thousand dollars in a matter of minutes. Despite this, Bitcoin managed to recover slightly, while altcoins, especially those in the meme coin niche, fared less well.

📉 The meme coin market cap plunged more than 10%, from $130 billion to $115 billion, according to CoinGecko. POPCAT and PNUT were the biggest victims, dropping 20% ​​and 17% respectively. BONK, WIF, and PEPE also took a hit, dropping double digits.

🐶 DOGE and SHIB also felt the pain, though they managed to recover slightly. DOGE dropped from $0.4 to $0.364, then rose to $0.375. SHIB is also down 6.5% since yesterday.

💥 CoinGlass data shows total liquidations reached $415 million in the past 24 hours, with longs accounting for $311 million. Over 160,000 traders were liquidated.

What do you think about this meme coin drama? Let's discuss in the comments column!