Bitcoin Holds $69K as CPI Cools, Memecoins Lead Gains, ARB Unlock Looms

Over the past 12 hours, the crypto market showed a mixed trend. Bitcoin (BTC) trades at $69,012, down 0.71%, while Ethereum (ETH) is at $2,001.66, down 3.34%, both pressured by ETF outflows and weak spot demand. Altcoins diverged: PEPE (PEPE) surged 16.17%, PI Network (PI) rose 12.56%, and KITE (KITE) gained 11.39%, driven by memecoin sector interest, technical breakouts, and new listings. Arbitrum (ARB) fell 3.28% ahead of a major token unlock, highlighting sector rotation and event-driven volatility.

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