The cryptocurrency market is experiencing a bullish trend, with Bitcoin (BTC) trading near its all-time high and analysts predicting further gains. However, altcoins like Helium (HNT) and Internet Computer (ICP) have seen their gains trimmed due to widespread liquidations in the market. The Fear and Greed Index is at 77, indicating extreme greed among investors. In the past 24 hours, there have been over $104 million in liquidations, with longs accounting for the majority of losses. Meme coins like Ponke (PONKE) and Hoppy (HOPPY) have seen significant gains, while HNT and ICP have declined. In other news, MicroStrategy plans to raise $42 billion to buy more Bitcoin, BlackRock's iShares Bitcoin Trust ETF has reached a record $30.8 billion in net assets, and Canary Capital has applied for the listing of a Solana (SOL) ETF.



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