"Bitcoin Surges as Meme Coin Mania Follows Legendary Investor's Death"

1 min read
Source: Decrypt
"Bitcoin Surges as Meme Coin Mania Follows Legendary Investor's Death"
Photo: Decrypt
TL;DR Summary

Bitcoin continues its surge, reaching $39,000 before dropping down to $38,806 per coin. The surge may be attributed to a dovish forecast from the Federal Reserve. Meme coins gain attention following the deaths of legendary investor Charlie Munger and former U.S. Secretary of State Henry Kissinger. Additionally, meme coins based on Elon Musk's controversial comments also start trading. Dogecoin emerges as the best-performing cryptocurrency of the week, rising nearly 8%. The overall crypto market cap stands at $1.52 trillion.

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