Bitcoin Price Holds at $97K While Meme Coins Slump in Big Losses

Bitcoin (BTC) has been stable over the past 24 hours, moving in a tight range near $97,500, with its $1.93 trillion market cap largely unchanged, with a dominance of 59.8%.

This stability extended to several major altcoins such as Ethereum at $2,700, Ripple at $2.80, and Solana near $195.

However, Litecoin gained 4% to $135, while Tron rose 2.5%.

On the other hand, some coins such as Cardano, Chainlink, and Avalanche declined, while meme coins recorded significant losses, with Trump Coin falling 10% to $18.60, along with Dogecoin, Shiba Inu, BONK, and dogwifhat.

Currently, the total market cap of cryptocurrencies is $3.36 trillion, down 1.7% on the day.