Bitcoin (BTC) is nearing the $70,000 price level and is only 6.63% away from its all-time high of $73,750. The open interest for BTC futures has reached a record high of $40 billion, indicating strong market sentiment and the potential for further price surges. Additionally, the total amount of ETH held in accumulation addresses has surpassed 19 million and is predicted to exceed 20 million by the end of the year. Meme coin enthusiast Murad Mahmudov suggests that buying top meme coins and holding them long-term is the key to making money in the crypto market.
- Content Editor ( coinedition.com )
- 2024-10-21
Crypto Roundup: Memecoin Mania, Ethereum Accumulation, Bitcoin’s Surge