Whales have been actively purchasing Bitcoin during the recent market dip, demonstrating their long-term confidence in the cryptocurrency. This buying activity has occurred despite Bitcoin experiencing a 4.53% decline in the last 24 hours.
At the same time, the Fear Of Missing Out (FOMO) has driven a significant $11.9 million investment into Pepe Unchained, showcasing investor interest in newer crypto projects despite broader market declines.
The overall global cryptocurrency market cap currently stands at $1.98 trillion, reflecting a 4.44% decrease in the last 24 hours.
