Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Coin Market This Week: Bitcoin Continues to Soar, Memes Coin Mania on Death of Legendary Investor
ETHEREUM NEWS

Coin Market This Week: Bitcoin Continues to Soar, Memes Coin Mania on Death of Legendary Investor

By Crypto FlexsDecember 2, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coin Market This Week: Bitcoin Continues to Soar, Memes Coin Mania on Death of Legendary Investor
Share
Facebook Twitter LinkedIn Pinterest Email

It was another eventful week in the cryptocurrency space.

Bitcoin continued to hit highs not seen since the digital asset crash in May 2022. The largest virtual coin reached $39,000 on Friday before falling again.

According to CoinGecko, it is currently trading at $38,806 per coin. This represents an increase of approximately 1% in 24 hours. It rose 3% in one week.

The surge in assets is likely due in part to the Fed’s dovish outlook. Governor Christopher J. Waller said Tuesday that while U.S. inflation remains high, “we are increasingly confident that current policies are well positioned to slow it down.” “Crash the economy and get inflation back to 2%.”

Since the Federal Reserve began aggressively raising interest rates last year, investors have generally avoided “risky” assets like technology stocks and cryptocurrencies.

Waller’s comments had a “good effect” on the price of Bitcoin, according to James Butterfill, head of research at CoinShares, a European digital asset manager.

Elsewhere, interest in little-known meme coins has surged, and not necessarily for the right reasons.

Former Berkshire Hathaway Vice Chairman Charlie Munger died earlier this week. The legendary investor is famous for slamming Bitcoin. After his death, MUNGER, an Ethereum-based token, began trading.

It soared as much as 31,000% before crashing.

And after divisive diplomat and former US Secretary of State Henry Kissinger died on Wednesday, the prices of numerous Ethereum-based coins minted in his honor soared.

As if that wasn’t enough, news broke on Friday that Tesla CEO and It was based on His opinions began to be traded.

The world’s richest people are no strangers to the bizarre world of meme coins – volatile cryptocurrencies based on internet jokes and trends. Musk publicly supported Dogecoin, the first meme coin and the 10th largest digital asset.

For reference, Dogecoin is currently trading at $0.0842 and is the best-performing cryptocurrency of the week, up nearly 8% in 7 days.

Currently, the total cryptocurrency market capitalization is $1.52 trillion, an increase of 1.2% from the previous day.

Edited by Ryan Ozawa.

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Kindly, MD’s $ 5B Bitcoin Play comes as DATS raises fear of wider Altcoin fluidity.

August 27, 2025

Bitcoin News Today: Ether (ETH) is 5K $ 5K and BTC Eyes is recorded as Powell Sparks Rally. DAT transaction risk: Be careful with asset managers

August 23, 2025

$ 500m liquidation Rock Ethereum and Bitcoin: Do the collisions fuel to the whale accumulation?

August 19, 2025
Add A Comment

Comments are closed.

Recent Posts

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M In Presale

August 29, 2025

Use Australia’s Top Cloud Mining Tools To Become A Millionaire!

August 29, 2025

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Pudgy Penguins

August 28, 2025

The US government checks the economic data on the chain with 60% Pyth Rocket 60% Pyth Network.

August 28, 2025

GCL Subsidiary, 2Game Digital, Partners With KuCoin Pay To Accept Secure Crypto Payments In Real Time

August 28, 2025

Tether Announces Plan To Bring USD₮ To RGB, Advancing Native Stablecoins On Bitcoin And Lightning

August 28, 2025

Ether Leeum Game Football. Fun market caps increase 10 times within two weeks.

August 28, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

7 Legit Cloud Mining Platforms For Daily Bitcoin Income In 2025

August 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M In Presale

August 29, 2025

Use Australia’s Top Cloud Mining Tools To Become A Millionaire!

August 29, 2025

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025
Most Popular

Coinbase Rejects ASI Token Migration Amid $7.5 Billion AI Token Merger

July 29, 2024

Argentina will accept Bitcoin for contractual agreements, new minister says

December 22, 2023

Toward a 12-second Block Time

June 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.