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Bitcoin and Altcoins Reach New Highs
Bitcoin has reached another all-time high, experiencing solid gains over the past week. While Bitcoin itself has seen impressive growth, other digital coins and tokens have outperformed it significantly.
Bitcoin Forks Soar
Bitcoin Cash (BCH), a fork from Bitcoin, has surged by nearly 40% in the past week, reaching a price of $432.82. Similarly, Bitcoin SV (BSV) has seen gains of almost 32%, trading at $110.28. Even lesser-known Bitcoin offshoots like Bitcoin Gold (BTG) have doubled in price over the week.
Meme Coins and Tokens on the Rise
Meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have experienced significant growth, with SHIB surging by 139% and DOGE up by 28% in just one week. Smaller cap meme coins such as Pepe (PEPE), Dogwifhat (WIF), and Floki Inu (FLOKI) have also seen substantial increases in value.
Decentralized Finance (DeFi) Tokens Thrive
DeFi tokens, which operate on blockchain networks to revolutionize traditional financial services, are performing exceptionally well. Uniswap (UNI) has surged by 25% in the past seven days, while Lido Staked Ether (STETH) has seen a nearly 15% increase, riding the wave of Ethereum’s strong performance.
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