Bitcoin Surges Above $62K as POPCAT Leads Meme Coin Gains

The crypto market saw major movement in the last 24 hours, led by Bitcoin’s surge past $62,000, which sparked recoveries across altcoins, especially meme coins.

Bitcoin Surges Above $62K
After briefly dipping to $60,800, Bitcoin bounced back, now trading around $62,250. Over $110 million in short positions were liquidated as sentiment shifted from fear to neutral, setting up Bitcoin’s next potential move.

Meme Coins Rally
Meme coins outperformed the market, with POPCAT leading the pack, jumping 25%. Other meme coins like DOGE and SHIB also saw modest gains, riding Bitcoin's upward momentum.