Volatility Reigns Supreme as Bitcoin Slides, Ethereum Faces Inquiry, and Meme Tokens Bonk Their Way to Oblivion
Chaos erupts in the crypto verse as Bitcoin struggles to reclaim $66,000 following its recent all-time high, with major coins and tokens taking a nosedive this week. Grayscale's coin selling spree and the looming halving add fuel to Bitcoin's descent. Ethereum finds itself entangled in a voluntary state inquiry, plummeting 10% to $3,425. Meanwhile, the meme coin arena witnesses a carnage, with popular tokens like Pepe, Dogwifhat, and Bonk suffering significant losses, leaving investors dazed and confused in this whirlwind of volatility.