MemeCore (M) Skyrockets by 11% in a Day, Bitcoin (BTC) Nears $90K: Market Overview

In the last 24 hours, Bitcoin's price has shown minimal movement, though it has managed to claw back about $2,000, hovering around $89,000. Meanwhile, larger-cap altcoins, such as ETH and XRP, remain stagnant below $3,000 and $1.90 respectively. Despite several tests earlier in December, Bitcoin has struggled to break past the $90,000 resistance. However, a support level of $86,500 has kept it from sliding further down. The current market capitalization of Bitcoin stands at $1.770 trillion, dominating 57.5% of the altcoin market. On the other hand, MemeCore has seen a significant jump of 11% to $1.58. The overall cryptocurrency market has added about $20 billion daily, totaling $3.080 trillion.