Bitcoin Soars to New Heights, Memecoin Prices Slide

The cryptocurrency market is undergoing a shift as investors increasingly turn towards established cryptocurrencies like Bitcoin and Ethereum. This trend has been evident in recent weeks, with Bitcoin hitting new all-time highs above $125,000, while memecoins are experiencing significant declines. While institutional interest fuels the rise of Bitcoin and its altcoin counterparts, memecoin values are declining amid a waning retail market.