The crypto market continues its bullish streak as Bitcoin reaches a new all-time high and meme coins roar back into the spotlight.
Bitcoin sets new all-time high
The crypto market is making a buzz because Bitcoin has officially broken past the $110,000 mark, setting a new all-time high at $111,878 earlier today. The rally was fueled by growing institutional interest, record-breaking ETF inflows, and positive regulatory developments in the U.S.
- El Salvador reported an unrealized profit of over $350 million from its national Bitcoin holdings, up 124% since its initial purchases.
- Optimism in the market is rising as regulatory clarity improves, especially with the GENIUS Act gaining momentum in the U.S. Congress.
This milestone solidifies Bitcoin’s dominance, with market confidence remaining strong across the board.
Crypto Market – Meme coin frenzy returns
Meme coins are once again in the spotlight as the TRUMP coin surged 10% following a high-profile fundraising dinner hosted by Donald Trump. The coin now edges closer to a $3 billion market cap, despite political backlash from Democratic lawmakers who criticized the event as “pay-to-play politics.”
Meanwhile, several other meme coins have captured market attention:
- $APEX: A meme coin tied to Apex AI, a project using artificial intelligence to detect GI cancers early.
- $MOSES: Moses Pepe, born from the creative mind of Matt Furie, the artist behind Pepe the Frog.
- $DIS: The native token of DistributeAI, a decentralized AI supercomputer network running on Solana.
- $BOOCHIE: A token inspired by a skeletal character created by Matt Furie, the artist behind the iconic Pepe the Frog.
- Meme Coin Trading Tournament: Coins.ph launched a ₱600,000 prize pool competition featuring DOGE, SHIB, and other trending tokens, boosting liquidity and hype.
Other notable highlights
- Hong Kong passed its first stablecoin regulatory framework, allowing HKD-backed issuers to operate legally.
- U.S. Congress is close to approving the GENIUS Act, aiming to regulate stablecoins and boost innovation.
- BitMart introduced two new meme token platforms, Believe and LetsBonk.fun, reshaping meme coin creation.
The crypto market continues to heat up as Bitcoin leads the charge and meme coins gain fresh momentum. With regulatory progress and institutional interest growing, traders are eyeing the next big breakout. But as always, stay informed, stay sharp.
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