Summary
Bitcoin’s price remains stable at $64,041 after the halving event, showing no movement in the past 24 hours. Ethereum’s price has dropped by more than 6% to $3,063, while meme coins like Pepe, Bonk, and Dogecoin have also seen significant decreases. ApeCoin, which suffered earlier in the week, has since recovered but remains down about 3% over the last week. Experts suggest that the pre-halving run-up typically leads to volatility in the market.
Key Points
1. Bitcoin’s price remains stable at around $64,041 after the halving event on 4/20, showing a 5% drop in seven days.
2. Ethereum’s price has dropped by more than 6% to $3,063, with investors cashing out of digital asset investment products tracking Ethereum.
3. Meme coins like Pepe, Bonk, and Dogecoin have seen significant drops of 12%, 13%, and 10% respectively over the last week, while ApeCoin recovered from hitting an all-time low and is now priced at $1.26.