Bitcoin continues to trade flat, around the $117,000 to $118,000 price range, while most cryptocurrencies are seeing minimal movement. In contrast, the PUMP token from Pump.fun on the Solana network has surged 18%, reversing its prior position as the worst-performing asset among the top 100 coins. This rise is attributed to Pump.fun's buyback initiative, using all daily platform fees, approximately $2.16 million, to repurchase PUMP tokens. Current market dynamics show Bitcoin in a consolidation phase, with key support at $115,000 and resistance at $120,000.

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