Editor's Picks

1.Crypto Market Greed Sentiment Rises, Today's Fear and Greed Index at 73

2.Bitcoin Mining Firms MARA and CleanSpark See Revenue Growth in Q1 But Both Report Losses

3.Kanye West Retweets Tweet with Meme Coin Contract Early Today, Two Addresses FOMO Buy-in Leading to Heavy Losses

4.Altcoins Experience Broad Rally, VIRTUAL, EIGEN, PNUT Surge Over 40%

5.Bitcoin Surpasses $104K Again After 98 Days, Up About 40% Since Early April

Articles & Threads

1. "Bitcoin Returns to $100K after 90 Days, Is the Bull Market Here?"

Since Bitcoin briefly crossed $10,200 on February 4, Bitcoin has experienced a three-month tug-of-war, with the price failing to hold above the key $100K level. Just now, the market finally witnessed a crucial breakthrough as Bitcoin broke $10,100 with a 4% surge in 24 hours.

2. "Ethereum Surges 22% in a Day, Ethereans Stand Up"

In the past 24 hours, Ethereum has finally defied expectations. Following the recent Pectra upgrade, it directly brought a 22% surge along with a reclaim of the $2200 level. Additionally, within 24 hours, altcoins like Virtual, EIGEN, SUI saw around 50% gains. Compared to other altcoins, a 22% surge might seem modest. However, the last time Ethereum surged over 22% within 24 hours dates back to May 23, 2024, when ETH's price rose from around $3,100 to nearly $3,900, marking a 25% increase. The main reason for the surge back then was the SEC's approval of a spot Ethereum ETF. So, what's the reason behind this recent rapid surge?

Market Data

Daily Market-wide Funding Heatmap (as reflected by Funding Rate) and Token Unlock

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlock

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