Bitcoin price breaks $64k, Ethereum surpasses $3500, top 10 cryptocurrencies on a bull run

Earlier today, BTC price surpassed $64,000, while ETH price broke through $3,500. Meme coins also continue to grow, with meme coin SHIB emerging as a dark horse. The market greed index has reached 86%, participants in the market must pay attention to the risks.

Bitcoin hits 65K! 10x Research: Bitcoin expected to break all-time high this week

Over 97% of BTC Addresses Are Profitable Online

Earlier today, the price of Bitcoin briefly surpassed 64k. According to Coinmarketcap data, the highest price reached $64,163, with a 2.6% increase in the past 24 hours. However, it has since retraced, and Bitcoin is currently priced at $63,420.

In recent times, the Bitcoin market has continued to grow, with a 49% increase this month. According to IntoTheBlock data, over 97% of Bitcoin addresses online are currently profitable.

The current amount of open Bitcoin contracts has exceeded $2.6 billion, and open Bitcoin contracts on the CME have also reached $8 billion, surpassing the record of the 2021 bull market.

According to an interview with ChainLink founder Sergey Nazarov by foreign media, he stated that this market cycle is unique because ETFs have brought many large buyers into the market. However, the current market greed index has reached 86%, so participants in the market must be cautious of market risks.

Top 10 Coins Shuffling: SHIB, DOT on the Rise

ETH also successfully broke through $3,500 today, with a closing price of $3,522, a 2.2% increase in the past 24 hours. SOL and BNB have also kept up with the market, with BNB reaching $414 and SOL surpassing $130.

Notably, meme coin SHIB has seen a 135% increase in the past seven days, entering the top ten coins directly, while DOGE has also increased by 84% in the past seven days, surpassing AVAX to become the seventh largest coin.

A meme coin movement! Both old and new generation meme coins are rising, with FLOKI/SHIB leading the way with a single-day surge.

The native token of the Polkadot ecosystem, DOT, has also seen a nearly 25% increase this week, pushing TRX and LINK down to advance into the top ten coins.

This article is not investment advice.