Calm Prevails in Bitcoin: BTC

Bitcoin followed a volatile course last week, with prices ranging between $95,000 and $99,000. Reasons for this fluctuation included Donald Trump's plans to impose new tariffs on certain stocks and the latest Consumer Price Index (CPI) data released by the U.S. Bureau of Labor Statistics (CPI).
However, the weekend passed relatively calmly. BTC settled at $97,500 on February 15th and consolidated at this level in the following hours. This only represents a 0.5% change on a weekly basis. While BTC's market value remained stable at $1.93 trillion, market dominance rose to 59.8% according to CoinMarketCap data.
Altcoin Market and Meme Coin Crash
Ethereum (ETH), Ripple (XRP) and Solana (SOL), like other major altcoins, have kept pace with Bitcoin's stagnation. ETH remained at around $2,700, XRP at $2.80, and SOL at $195. However, Litecoin reached a one-month high of $135 with a 4% increase. TRON gained 2.5%.
On the other hand, the situation in the meme coin market is quite dire. Official Trump (TRUMP) token dropped 10% to $18.60. Dogecoin (DOGE), Shiba Inu (SHIB), Bonk Inu (BONK), and many other meme coins turned red. The total value of the cryptocurrency market is currently around $3.23 trillion, which means a daily decrease of 0.18%.
What Is Expected for Meme Coins?
Although this sharp decline in the meme coin market has caused concern among investors, some analysts believe that this situation is temporary. Especially with the resolution of liquidity issues and improvement in market conditions, it is anticipated that meme coins could recover.
It is possible for popular meme coins like Dogecoin and Shiba Inu to join the general market recovery trend. However, it is recommended that investors be cautious and strategic in dealing with assets that have such high volatility.()(