Bitcoin climbs past $84,000 as investors seek high returns in new meme coins

Bitcoin climbed above $84,000 to reach $84,134 at the time of writing. The advance came as inflows into US spot Bitcoin exchange-traded funds (ETFs) slowed sharply. Although BlackRock continued to attract capital, Bitcoin faces significant resistance at levels where many existing investors bought their holdings. In the higher-risk meme coin market, sustaining buyer interest presents a different challenge. Data showing that trading in most new tokens quickly dries up highlights the importance of what projects are building alongside their price prospects. MemeToro ($MT) , which is developing an AI-powered meme coin launchpad on BNB Chain, aims to address this through a model built around rules published in advance and open-source code. According to SoSoValue, US spot Bitcoin ETFs recorded net inflows of $23.16 million on October 20 .

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