The cryptocurrency market has been following a horizontal trend for the last few days. Bitcoin is struggling at the $67K level. It is trading with a 1% loss in the last 24 hours. 📉 During this time, approximately $110 million worth of leveraged positions were liquidated, almost $30 million of which came from BTC.

The altcoin market is also struggling to move forward. Solana is down 2.6% and is now trading below $15. XRP fell below the critical $0.5 level and is now down 1.5%. Polkadot is down 1.4% on the day, testing the important $6.5 level.

The performance of Meme coins is also decreasing. DOGE lost 0.4%, PEPE lost 4.8%, WIF lost 3.9% and FLOKI lost 3.1%. However, Meme Book (BOME) exploded 10%. The reason for this impressive performance of BOME is that Coinbase announced support for it. 🚀

This is happening at a time when the market is trying to determine which direction it will go.