Bitcoin flat at $ 29,000, Pepe continues epic bull run (Market Watch)

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In den letzten Tagen war am Markt nicht viel los, und selbst die Zinserhöhung der US-Notenbank hat nicht die Volatilität hervorgerufen, die sie normalerweise hat. Es gibt jedoch eine offensichtliche Ausnahme, und das ist die florierende Memecoin – PEPE. Alle Augen sind auf die von Fröschen inspirierte Kryptowährung gerichtet, während sie ihren epischen Bullenlauf fortsetzt und durch die Top 100 vordringt. Bitcoin Flatlines bei 29.000 $ Der Preis von Bitcoin hat in den letzten 24 Stunden keine aussagekräftigen Ergebnisse erzielt und bleibt dort, wo er damals war – bei 29.000 $. Der Preis durchlief eine gewisse Volatilität und erreichte kurzzeitig …
There wasn't much going on on the market in the past few days, and even the interest rate increase of the US Federal Reserve has not caused the volatility that it normally has. However, there is an obvious exception, and that is the flourishing Memecoin - Pepe. All eyes are focused on the cryptocurrency inspired by frogs, while it continues its epic bull run and penetrates the top 100. Bitcoin Flatlines at $ 29,000 The Bitcoin price has not achieved any meaningful results in the past 24 hours and stays where it was at the time - at $ 29,000. The price went through a certain volatility and reached briefly ... (Symbolbild/KNAT)

There wasn't much going on in the market in the past few days, and even the interest rate increase of the US Federal Reserve has not caused the volatility that it normally has.

However, there is an obvious exception, and that is the flourishing Memecoin - Pepe. All eyes are focused on the cryptocurrency inspired by frogs, while it continues its epic bull run and penetrates through the top 100.

Bitcoin flatlines at $ 29,000

The Bitcoin price has not achieved any meaningful results in the past 24 hours and stays where it was at the time - $ 29,000. The price went through a certain volatility and reached $ 29.5,000 for a short time, but went back almost immediately because the bulls could not maintain the momentum.

btcusd_2023-05_1-38-36 Tradingview

It seems that the BTC price is stuck in a relatively tight span, and an outbreak or below it would probably determine its short-term direction. At the time of writing this article, however, the volatility remains tiny.

The liquidations in the last 24 hours amount to around $ 26 million, specifically for Bitcoin, which confirms the relatively low volatility.

Pepe leads the Altcoin market

The old coins have not shown any impressive performance in the last 24 hours, as can be seen in the heat map below.

Heatmap_0505231 Quantify

Most cryptocurrencies could not record any noteworthy climbs. The only exception to this is the PEPE-Memecoin.

PEPE was introduced less than three weeks ago and is already traded with a market capitalization that approaches a whopping $ 1 billion. This has led to unimaginable returns for early investors, provided, of course, they did not sell. There are several stories of people who transform small double -digit sums into hundreds of thousands of dollars.

In any case, it is interesting to see whether Pepe can continue his ascent and whether it will challenge Shib and Doge in the end.

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