Bitcoin Rebounds Near $67K; Major Tokens Rise After Selloff While Meme Coins Lag
• Bitcoin rebounded to near $67,000 after dropping below $61,000, likely due to profit-taking and miners selling some holdings
• Inflows into Bitcoin ETFs remained strong with BlackRock amassing over $760 million on Tuesday
• Price target of $150,000 by 2024 remains in view due to upcoming Bitcoin halving reducing rewards and increasing scarcity
• Major tokens like Solana, Cardano, Ethereum reversed some losses from Tuesday, rising 5% in past hour
• Meme coins Dogecoin and Shiba Inu saw big sell-offs Tuesday but did not rebound like other major tokens