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Bitcoin (BTC) Drops Below $78K, MemeCore (M) Crashes by 15%: Weekend Watch

Bitcoin slipped below the $78,000 mark to roughly $77,500 (TradingView), cooling after briefly testing $80,000 on April 22. The move left BTC market cap near $1.55 trillion and dominance at about 58.2%. Reduced volatility and a historical Bollinger Bands monthly squeeze were noted, suggesting a possible major breakout in either direction. Altcoins were mixed: Algorand led gains while several tokens fell, with trending meme coin MemeCore plunging ~15% in 24 hours. The total crypto market cap eased ~0.3% to ~$2.59 trillion. Overall, the price action signals short-term indecision in BTC with localized volatility in smaller coins, keeping the market neutral ahead of any decisive breakout.

Category

Bitcoin

Sentiment

Neutral

Event

Price milestone

Reading time

1 min