{"id":67186,"date":"2025-05-18T09:26:19","date_gmt":"2025-05-18T09:26:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67186"},"modified":"2025-05-18T09:26:19","modified_gmt":"2025-05-18T09:26:19","slug":"meme-coins-on-the-rebound-as-bitcoin-btc-consolidation-continues-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67186","title":{"rendered":"Meme Coins on the Rebound as Bitcoin (BTC) Consolidation Continues (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s relatively dull price movements as of late continued in the past 24 hours, but the asset has managed to recover from yesterday\u2019s dip and is back to $104,000.<\/p>\n

Many altcoins have marked more substantial gains in the past day, but most of them are reps of the ever-volatile meme coin niche.<\/p>\n

BTC Consolidation Phase Endures<\/h2>\n

Bitcoin began the business week with some enhanced volatility following the trade deal struck between the US and China. At first, the cryptocurrency shot up to a multi-month peak of almost $106,000 before the bears took brief control of the market and drove it south to under $101,000 hours later.<\/p>\n

Nevertheless, the predominantly bullish sentiment prevailed and bitcoin remained within six-digit price territory. Moreover, it bounced off and spiked to $105,000 a day later where it found another rejection. The price moves repeated in a smaller extent but BTC overall managed to remain<\/a> above $103,000.<\/p>\n

It slipped below that lower boundary yesterday, but that was also short-lived and now sits around $104,000. This has pushed its market capitalization to over $2.060 trillion on CG, while its dominance over the alts has retraced slightly since yesterday, but is still above 60%. Yet, this hasn\u2019t stopped many analysts from speculating<\/a> that the altseason has started.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

Memes Rebound<\/h2>\n

Most altcoins have bounced off after yesterday\u2019s nosedive. Ethereum has reclaimed the $2,500 level after a 2% daily increase, while XRP has neared $2.4 following a similar jump. More impressive daily pumps come from SOL, TRX, AVAX, and LINK.<\/p>\n

However, the meme coins lead in terms of daily gains. The largest of the bunch has soared by 5% to $0.22 while SHIB is up by 5.5% and sits above $0.000015. Even bigger gains come from the likes of WIF (11%), Fartcoin (9%), BONK (8%), and FLOKI (8%).<\/p>\n

PI has found a place somewhere between them with a 9% daily increase. However, Pi Network\u2019s token is down<\/a> by 19% since this time last Sunday.<\/p>\n

The total crypto market cap has defended the $3.4 trillion line and is up by $30 billion since yesterday.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post Meme Coins on the Rebound as Bitcoin (BTC) Consolidation Continues (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s relatively dull price movements as of late continued in the past 24 hours, but the asset has managed to recover from yesterday\u2019s dip and is back to $104,000. Many altcoins have marked more substantial gains in the past day, but most of them are reps of the ever-volatile meme coin niche. BTC Consolidation Phase […]<\/p>\n","protected":false},"author":0,"featured_media":67187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67186"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67186"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67187"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}