CandleFocus

Shiba Inu’s (SHIB) Price Shot Up to 3-Month High, Bitcoin (BTC) Touched $66.5K (Weekend Watch)

Bitcoin reacted positively to US inflation data, reaching $66,500 for the first time in two months before retracing slightly. Several altcoins, particularly meme coins, also experienced significant gains. Despite some fluctuations, Bitcoin's market capitalization remained above $1.3 trillion, and its dominance over altcoins increased to 53.8%. Meme coins like Shiba Inu and PEPE saw notable gains, while larger-cap alts like Ripple and Toncoin also performed well. The cumulative market cap of all crypto assets is now above $2.420 trillion.

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