Bitcoin dropped below $42,000 for the first time in a week and the recent rally in memecoins has started to show signs of stalling. The largest cryptocurrency by market value dropped as much as 4.3% to $41,656 on Tuesday in New York. Smaller, less known tokens that have rallied in recent weeks such as Solana and Avalanche fell more, declining more than 10% each. “Looking ahead, I would stay cautious and brace for potential volatility this week because of year-end flows, options and futures expiries and the overall environment with thin liquidity because of the holidays,” said Jaime Baeza, CEO at crypto hedge fund AnB ... (full story)