Bitcoin Up, Meme Coins Surge

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Bitcoin’s price is starting to heat up again as the broader cryptocurrency market inches closer to $3.5 trillion.

Bitcoin’s price is starting to heat up again, pushing towards the important $110,000 level and recording an increase of around 1.6% in the past 24 hours. This comes amid an even more impressive rally from certain meme coins such as Fartcoin and Bonk.

The total crypto market capitalization added around $50 billion during the day and is inching closer to $3.5 trillion. All of this happens as important regulatory changes are likely to take effect in the United States.

Bitcoin Price En Route to New All-Time Highs
At the time of this writing, BTC trades at around $109,500 which is around 2% below its all-time high achieved on May 22nd – about a month a go. And while we’re on the topic of statistics – the all-time low recorded on CoinGecko took place on July 6th 12 years ago. Since then, the cryptocurrency has returned the staggering 161,270% increase.

Anyways, back to the day-to-day news. BTC looks eager to take on its former highs and this is happening as the “One Big, Beautiful Bill” proposed by Donald Trump’s administration passed both Senate and the House votes in the past 24 hours.


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