Cryptocurrency markets are finishing the week on a high, with Bitcoin peaking past $66,000 in midday trading.

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 3.7% and daily active addresses rising by 1.3% for Bitcoin.
• According to Coinglass data, 63,487 traders liquidated in the past 24 hours for $139.18 million, with $85 million being short liquidations.

Notable Developments:

• Bitcoin Pushes Above $65K But What Does Technical Analysis Say?
• Bitcoin Smashes Through $66,000 As ETFs Take In $365M To Extend Their Inflow Streak To 6 Straight Days
• Bitcoin Could Sail To $70K On The Tailwinds Of Stablecoin Minting, Chinese Stimulus, Renewed Altcoin Activity: 10x Research
• Viral Baby Hippo Moo Deng Steals Spotlight From Dogecoin, Shiba Inu: This Trader Made $392,000 With Over 1,000X Meme Coin Return

Top Gainers:

Trader Notes: Analyst Benjamin Cowen sees ETH moving up to its bull market support band, which would constitute a move to the $2,900s.

Altcoin Psycho feels emboldened by the recent uptrend, saying it is time to “play offense.” he has bought several undisclosed altcoins and will “check back” in 4 to 8 weeks.

Trader Tyrogue implies that retail investors will soon get interested in meme coins again due to the unit bias. He thinks they will wonder “what if this coin went to $1?” and buy accordingly.

Smileycapital thinks several fundamental factors are aligning for crypto to go higher:

Read Next:

• If You Invested $1000 In Bitcoin, Dogecoin, And Shiba Inu Exactly A Year Ago, This Crypto Would Give You The Best Returns Today

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