Bitcoin rebounds to over $68,000, Meme coin market value exceeds $55 billion
Despite macroeconomic concerns, Bitcoin has rebounded to over $68,000 amid fluctuations ahead of the Federal Open Market Committee (FOMC), with investors confident in buying on the dip. Meme coins have surged, pushing the sector's market value over $55 billion. Over the weekend, Meme coins became a market focus as data showed that their market value increased by 11%, exceeding $55 billion. The biggest gainers included SHIB (up 10.8%), WIF (up 30%) and CORGIAI (up 8.5%). Meanwhile, tokens behind these meme coin-issuing chains are also rising. According to CoinDesk Indices data, Solana's SOL rose by 10.8% to $205 and Avalanche's AVAX rose by 15% to $61.
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