Memecoins Fall While Bitcoin Hovers at $85k; ETH, XRP Stabilize Near Resistance
In the dimmed market activity, the price of Bitcoin has been hovering around $85k since the past few days while leading altcoins like ETH, XRP and SOL stabilized near key resistance levels. Meanwhile, memecoin sector has fallen notably in the past 24 hours.
As the crypto market currently goes through a void with lack of any noteworthy news and upcoming shifts, investors are playing it safe with not making any major moves. The trading volume for Bitcoin and other leading crypto assets has been moderate in the past few days.
At the time of writing, Bitcoin price is trading near $85,556 with a 24 hour trading volume of $29.48 billion. It currently stands at a market cap of $1.69 trillion.
ETH…
