Ethereum

Shiba

Bitcoin ETF

Shiba Inu

Frenzy

<p>In what comes as another remarkable week witnessed within the cryptocurrency realm, Bitcoin, Ethereum, and meme coins such as Shiba Inu and Pepe appear to be curating a massive tide of inferences among crypto market traders and investors globally. Some of the top headlines that echoed a buzz across the broader crypto market this week are:</p>
<h2 id="bitcoin-s-continued-bullishness">Bitcoin’s Continued Bullishness</h2>
<p>Following the topping of the $73K mark this week, Bitcoin’s pre-halving bullishness further cushioned itself, mirroring optimism throughout the global crypto market. Although the token dropped back to the $68K mark, nabbing global attention, a <a href="https://coingape.com/markets/crypto-price-prediction-buy-the-dip-btc-below-70k/" target="_blank" rel="noopener noreferrer nofollow">buy-the-dip</a> sentiment continued curating bullish waves for Bitcoin this week.</p>
<p>While a massive <a href="https://coingape.com/crypto-market-selloff-top-reasons-why-bitcoin-eth-xrp-ada-shib-crash-today/" target="_blank" rel="noopener noreferrer nofollow">crypto market selloff</a> witnessed in the past seven days remains primarily attributed to BTC’s fall, among many other altcoins’ plunge noted, a staggering $2.6 billion weekly <a href="https://coingape.com/bitcoin-records-2-6b-weekly-inflow-amid-growing-wall-street-interests/" target="_blank" rel="noopener noreferrer nofollow">BTC inflow</a> registered showcased immense market optimism for the token.</p>
<p>Furthermore, former US President <a href="https://coingape.com/donald-trump-backs-bitcoin-touts-btcs-traditional-currency-potential/" target="_blank" rel="noopener noreferrer nofollow">Donald Trump’s</a> positive stance on BTC, touting it as a form of traditional currency, birthed additional optimism about BTC. Meanwhile, with the <a href="https://coingape.com/vaneck-bitcoin-etf-surpasses-200m-investment-amid-fee-waivers/" target="_blank" rel="noopener noreferrer nofollow">BTC ETFs’</a> continued gaining traction, escorted by the upcoming halving, Bitcoin retained its bullish stance despite the drop witnessed.</p>
<p>Intriguingly, <a href="https://coingape.com/thailand-greenlights-u-s-spot-bitcoin-etf-investments-but-there-a-condition/" target="_blank" rel="noopener noreferrer nofollow">Thailand</a> joined the BTC ETF race this week, permitting US Spot Bitcoin ETF investments exclusively for institutional and ultra-high-net-worth investors, marking another eye-catching development this week.</p>
<h2 id="ethereum-marks-a-storm-of-breakthroughs">Ethereum Marks A Storm Of Breakthroughs</h2>
<p>With the much-awaited <a href="https://coingape.com/ethereum-dencun-upgrade-goes-live-eth-price-sees-volatility/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Dencun upgrade</a> going live on the Ethereum mainnet at epoch 269568 this week, Ethereum embarked upon a monumental achievement. Following its last significant upgrade, The Merge, the Dencun upgrade potentially paves the way for ETH to scale greater heights.</p>
<p>Although ETH topped the $4K mark this week, running in hand with the plunge in BTC, even Ethereum saw a colossal drop following this week’s crypto market selloff, as mentioned above. However, the broader crypto market appears to remain bullish on ETH’s price action ahead, as many <a href="https://coingape.com/eth-price-set-for-5000-after-ethereum-dencun-upgrade-derivatives-data/" target="_blank" rel="noopener noreferrer nofollow">analysts predict</a>, fueling market optimism.</p>
<h2 id="meme-coin-season-wanes">Meme Coin Season Wanes</h2>
<p>Following a remarkable surge witnessed by nearly all of the meme coins recently, a massive plunge jotted this week birthed bearish sentiments among crypto market traders and investors globally. Coins such as SHIB, PEPE, and FLOKI, among many others, also witnessed <a href="https://coingape.com/meme-coin-hype-over-massive-shib-pepe-dumps-stir-speculations-prices-dip/" target="_blank" rel="noopener noreferrer nofollow">colossal selloffs</a>, birthing speculations over whales’ and <a href="https://coingape.com/meme-coin-selloff-smart-trader-dumps-1-5-tln-shib-floki-nabs-millions-profit/" target="_blank" rel="noopener noreferrer nofollow">smart moneys</a>‘ loss of interest in these meme-based assets. This collectively poured in a flurry of bearish thoughts among traders and investors this week.</p>
<p>Moreover, despite the Shiba crypto community’s continued efforts to boost the SHIB tokenomics, including the constant <a href="https://coingape.com/shiba-inu-community-burns-25-mln-coins-what-next-for-shib/" target="_blank" rel="noopener noreferrer nofollow">burning of tokens</a> and the community’s recent <a href="https://coingape.com/shiba-inu-coin-shytoshi-kusama-unveils-groundbreaking-update-shiba-eternity/" target="_blank" rel="noopener noreferrer nofollow">developmental endeavors</a>, SHIB continued to trade in the red this week, dropping as low as the $0.00002 level. This, coupled with the fall and selloffs of PEPE, <a href="https://coingape.com/meme-coin-selloff-smart-trader-dumps-1-5-tln-shib-floki-nabs-millions-profit/" target="_blank" rel="noopener noreferrer nofollow">FLOKI</a>, and many others, collectively birthed a meme coin season-end sentiment.</p>
<p>The post <a href="https://coingape.com/crypto-headlines-of-the-week-bitcoin-ethereum-meme-coins-echo-frenzy/" rel="noopener noreferrer nofollow">Crypto Headlines Of The Week: Bitcoin, Ethereum &amp; Meme Coins Echo Frenzy</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

Crypto Headlines Of The Week: Bitcoin, Ethereum & Meme Coins Echo Frenzy

Table of Contents

Coingape News Media

Other articles published on Mar 17, 2024

Ethereum Price Prediction: Bull, Bear, and Base Forecasts

Weekly Market Review: BTC, JUP, ZRX, CFX, PYTH

Floki Storms Times Square with 40% Price Spike. Diverse Investors Flock to New AI Crypto with Ent...

Bitcoin Plunges, Triggering a Ripple Effect Among Altcoins

RSS3 Open-Source AI Architecture – turn any LLM into Web3 AI Agents

Bitcoin (BTC) Hits $73K; NuggetRush (NUGX): Challenging Shiba Inu (SHIB) Meme Legacy

Join our free newsletter for daily crypto updates!