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Pepe Coin Price Risks Losing Major Support As Key Indicator Drops to Weekly Low

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Summary
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63% Informative

Bitcoin price dropped 6% in the last 24 hours , and PEPE price is down 10% .

This comes as Bitcoin price lost its crucial $ 60,000 support level.

The price of Pepe Coin (PEPE) took a hit early Wednesday morning , mirroring a broader market decline triggered by Bitcoin .

BlackRock purchased an additional 3,500 BTC today , taking advantage of the dip.

On-chain metrics provide a glimmer of hope that the asset might still have room for recovery.

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