While Bitcoin has continued to plunge by over 20% from its peak, from the technical perspective, there is potential for recovery.
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BONK becomes the fifth-largest memecoin, overtaking Floki Inu in market valuation.
Bitcoin has seen negative trends over the past week, which has affected other smaller altcoins.
Bitcoin and Ethereum’s see price declines as inflows dissipate post the halving hype.
MicroStrategy has recently acquired 122 BTC amidst the falling prices of the king coin.