{"id":2616,"date":"2026-04-23T22:01:49","date_gmt":"2026-04-23T22:01:49","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=2616"},"modified":"2026-04-23T22:01:49","modified_gmt":"2026-04-23T22:01:49","slug":"bitcoin-faces-rejection-near-80-thousand-while-a-meme-coin-continues-to-surge","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/04\/23\/bitcoin-faces-rejection-near-80-thousand-while-a-meme-coin-continues-to-surge\/","title":{"rendered":"Bitcoin Faces Rejection Near 80 Thousand While a Meme Coin Continues to Surge"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"588\" height=\"393\" data-id=\"2617\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1765-23.jpeg\" alt=\"\" class=\"wp-image-2617\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1765-23.jpeg 588w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1765-23-300x201.jpeg 300w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Bitcoin failed to break through the 80 thousand dollar level but still managed to strengthen its dominance over alternative cryptocurrencies.<\/p>\n\n\n\n<p>The crypto market has seen increased volatility in recent hours. Bitcoin approached the key psychological level of 80 thousand dollars but lost momentum before crossing it. At the same time, some altcoins such as MemeCore continued to climb.<\/p>\n\n\n\n<p><strong>Bitcoin Pulls Back After Recent Gains<\/strong><\/p>\n\n\n\n<p>Bitcoin led the market rally on April 22, briefly rising above 79 thousand 500 dollars, its highest level since late January. The upward move was likely supported by news of an extended ceasefire in the Middle East.<\/p>\n\n\n\n<p>However, sentiment shifted after reports confirmed that tensions between the United States and Iran remain elevated, with Iranian authorities declining to reopen the Strait of Hormuz. Following this development, Bitcoin moved lower and is now trading around 77 thousand 700 dollars based on TradingView data.<\/p>\n\n\n\n<p>This marks a small daily decline of about 0.5 percent, although the asset still shows strong gains over the past week.<\/p>\n\n\n\n<p>Recent data also indicates that Bitcoin positioning has reached a four month high, reflecting growing investor confidence. At the same time, increased leverage in the market suggests prices could become more sensitive to sudden movements.<\/p>\n\n\n\n<p>Bitcoin\u2019s market capitalization now stands at roughly 1.55 trillion dollars, while its dominance over altcoins has climbed to 58.3 percent.<\/p>\n\n\n\n<p><strong>MemeCore Leads Altcoin Gains<\/strong><\/p>\n\n\n\n<p>While Bitcoin slowed down, MemeCore recorded a six percent increase over the past day, reaching a new all time high close to 4 dollars 60 cents. Its market capitalization is nearing 6 billion dollars, making it the nineteenth largest cryptocurrency after overtaking Stellar.<\/p>\n\n\n\n<p>Other tokens such as STABLE, JST, and PENGU also posted gains, though more modest ones. On the downside, PUMP, ENA, TRUMP, and UNI recorded losses of around five to six percent.<\/p>\n\n\n\n<p>The total cryptocurrency market capitalization has declined slightly by 0.7 percent over the last twenty four hours, settling at approximately 2.68 trillion dollars.#crypto#cryptonews <a href=\"https:\/\/coinsignals.net\">https:\/\/coinsignals.net<\/a><a href=\"https:\/\/t.me\/coinsignalpublic\">https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin failed to break through the 80 thousand dollar level but still managed to strengthen its dominance over alternative cryptocurrencies. The crypto market has seen increased&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2616","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=2616"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2616\/revisions"}],"predecessor-version":[{"id":2618,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2616\/revisions\/2618"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=2616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=2616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=2616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}