"Bitcoin Surges to $72K, Sparks $115M in Liquidations as Meme Coins Rally"
TL;DR Summary
Bitcoin surged past $72,000, boosting U.S. crypto-related stocks like Coinbase and MicroStrategy, while meme coins like dogwifhat and pepe also rallied. Altcoins are seen as undervalued, with potential for further gains as bitcoin dominance peaks pre-halving. Technical analysis suggests bitcoin could reach new record highs, with BlackRock's bitcoin exchange-traded fund attracting more authorized participants, including Goldman Sachs and Citigroup. Additionally, the bitcoin-to-gold ratio remains below its 2021 high despite bitcoin setting new fiat currency highs.
- First Mover Americas: BTC Reclaims $72K; Meme Coins Rally CoinDesk
- Bitcoin (BTC) News Today: ETF Inflows, Bitcoin Halving, the Fed, and $80K FX Empire
- Bitcoin nears all-time high as daily trading volume rises 70% crypto.news
- Plotting the path to $80K — 5 things to know in Bitcoin this week Cointelegraph
- Bitcoin opens week soaring past $70000 igniting $115 million in market liquidations CryptoSlate
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