Bitcoin Battles $100K, Riot’s $500M Bitcoin Bet, El Salvador U-Turn, and Pepe's Rise

In today’s episode of Crypto Deep Dive, we break down the December 9, 2024, cryptocurrency market report. The market capitalization rose to $3.7 trillion, but Bitcoin continued to hover near $100,000. Highlights include Riot Platforms’ $500 million Bitcoin purchase, El Salvador’s updates to its Bitcoin policy, and the launch of Movement’s mainnet and MOVE token. We also discuss the Pepe memecoin rally, scams targeting investors, and the fallout from WEX exchange-related arrests. Join us as we analyze the market’s cautious optimism amid increased institutional investment, lingering volatility, and security challenges.

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