Global #PEPE

Bitcoin’s recovery tour continues as the cryptocurrency jumped from under $59,000 yesterday to a multi-day peak of over $63,000 earlier today.

A wide range of currencies saw corrections in response to the recent decline in the price of Bitcoin [BTC].

The price of PEPE plummeted by 9% today, hitting $0.056866, while the cryptocurrency market saw a 3% decline over the previous day.

Following the Bitcoin halving incident, memecoins are increasing in value. The market was drawn to cryptocurrency traders by Pepe Coin, a well-known meme cryptocurrency. The surge in the value of Pepe coin (PEPE) has attracted the attention of cryptocurrency investors.

Traders seeking fast profits are shifting their attention to smaller, lesser-known altcoins, which could be the best cryptocurrency to purchase right now, on a calm day in the cryptocurrency market as the majority of large currencies moved sideways within previous ranges.

In the past seven days, Pepe (PEPE) holders have seen a 24% decrease in their bags as meme coins have suffered some of the worst losses during a market-wide decline.