Bitcoin was little changed Tuesday, while ether fell. CoinDesk’s memecoin Index rose.
Memecoins lead crypto market gains as biggest tokens languish
Bitcoin was little changed Tuesday, while ether fell. CoinDesk's memecoin Index rose.
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The correction could have more room to run, with ETH potentially falling to as low as $2,700-$2,800, 10x Research's Markus Thielen warned.
Bitcoin hovered near $91,000 as sentiment hit "extreme fear," volatility jumped and leveraged traders absorbed over $1 billion in liquidations while altcoins fell further.
A debate on X over seemingly conflicting bitcoin forecasts from Fundstrat analysts drew a response from Tom Lee, highlighting differing mandates and time horizons.
Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.