The crypto market experienced a significant downturn over the past week, with major assets like Bitcoin and Ethereum seeing sharp declines. The drop in market sentiment also affected memecoins, with Pepe coin experiencing a crash of 15%. Pepe coin is currently holding at a short-term support level but its future movements depend heavily on Bitcoin's price direction. If Bitcoin regains momentum and moves towards $100,000, it could pull Pepe coin upward. However, if Bitcoin continues to decline, Pepe coin may drop towards its next support level at $0.000015.



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