Markets

Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In

Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo.

Cryptocurrencies belied their reputation for volatility, as they didn’t seem to react to the large moves in major traditional assets on Tuesday.

Bitcoin (APT) stood out with a 6% gain.

Memecoins, perhaps the riskiest corner of the crypto space, sold off as traders took some profits off the table after the past few days’ surge. Large-cap meme tokens pepe <a href="https://coindesk.com/price/pepe/" data-position="autolink" title="Pepe Price

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