Bitcoin dips to US$26,166 as memecoins flood the blockchain
Bitcoin fell 9.42% from May 5 to May 12 to trade at US$26,365 as of 7:30 p.m. on Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization has been trading under US$30,000 since April 19. Ether fell 7.3% over the week to US$1,765, losing the key US$1,800 support
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