The crypto market is experiencing a decline due to concerns over a potential investigation against Tether by the Department of Justice. However, cryptocurrency commentator Miles Deutscher believes that some altcoins, including meme coins like Dogwifhat (WIF) and Pepe (PEPE), have the potential for an upsurge based on technical analysis patterns. Deutscher also mentions FTM and PRIME as potential breakout candidates. While meme coins are currently experiencing losses, Deutscher still holds some cryptocurrencies in this category, including SPX and POPCAT. Overall, the market capitalization of the crypto market has decreased, largely influenced by the news surrounding Tether.



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