TLDR
- Bitcoin’s price has risen above $71,000, marking its highest point since April’s halving event and continuing a 10% climb over the past 30 days.
- Bitcoin-based meme coins like ORDI, DOG, and PUPS have seen significant price surges, with ORDI up 33% in the past week and DOG more than doubling in price.
- The collective market capitalization of tokens on the Bitcoin-based Runes protocol has surpassed $2 billion, with DOG accounting for a sizeable portion at $960 million.
- Fundstrat’s Tom Lee is standing by his $150,000 Bitcoin price target, citing tailwinds from the recent halving, ETF inflows, and widening ownership as key factors.
- The CoinDesk 20 Index declined 1.3% over the past week, with Uniswap (UNI) being the worst performer after a governance vote delay, while Bitcoin and Cardano (ADA) were the only gainers.
Bitcoin has just broke above the $71,000 mark—its highest price since April’s quadrennial…
