Cryptocurrency Market Plunge: Bitcoin, Ethereum, and Dogecoin Lead Losses

Meme coins and tokens, including Solana-based Bonk and Ethereum-based Pepe, are among the biggest losers as the cryptocurrency market sees a downturn, with Bitcoin dropping below $65,000. Dogecoin and Shiba Inu have also experienced significant declines, while Dogwifhat, a recent gainer, has managed to minimize losses. Meme coins, known for their volatility, have surged alongside Bitcoin's rise, particularly on Solana and Ethereum scaling network Base, driving record trading volumes. Despite Bitcoin's 4% drop, it rebounded from dipping below $65,000, shedding 11% since reaching a new all-time high in mid-March.