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The market capitalization of the world’s foremost cryptocurrency reached a new all-time high of $1.303 trillion in U.S. dollar terms.Bitcoin’s previous market capitalization peak was in November 2021.

Memecoins are ‘rallying hard’ as retail-based market activity increases, analysts said.There are now seven memecoins in the top 100 cryptocurrencies by market capitalization.


Global digital-asset investment products witnessed a record trading volume of $30 billion last week, according to CoinShares.The crypto funds also registered their second-largest weekly net inflows of $1.8 billion, dominated by U.S. spot bitcoin ETFs.

Quick Take With bitcoin approaching all-time highs, Bernstein analysts expect a “big bang” DeFi recovery comes next. The analysts anticipate a broad-based market recovery, with DeFi leading the charge.

The meme coins are back at it again, with more impressive daily increases.



The dollar-pegged stablecoin has a current supply at its all-time high range of around 99.5 billion.Tether, USDT’s issuer, recorded its highest net profit of $2.9 billion in the fourth quarter of 2023, according to its attestation report.