Bitcoin (BTC) has reached a new all-time high (ATH) of $89,956, marking a 26% increase over the past week and fueling a surge in memecoins.
The top memecoins by market cap, notably Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), have simultaneously experienced record-breaking gains alongside Bitcoin's rally.
The memecoins' impressive performance highlights a significant trend in the cryptocurrency market, driven by Bitcoin's continued unprecedented growth.