Memecoins are dominating the crypto markets while Bitcoin takes a breather. U.S. politicians from all sides are warming up to Bitcoin, with some even taking part of their salaries in BTC. It’s the weekly Crypto market update.
Why you should listen:
First, there was DOGE. Then SHIBA. Then SQUID. Memecoins are dominating the frothy end of the market as the meme narrative attracts new retail investors. Bitcoin is cooling off after the surge following the approval of the ProShares Bitcoin ETF. Pressure is mounting for the U.S. to next approve a spot-based ETF but it’s not likely in the short term.
Supporting links:
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