Mar 4, 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin (BTC) crossed the $66,000 mark, inching closer to its lifetime peak of $69,000 set in November 2021.

Video transcript

Bitcoin top $65,000 and a Node monkey sells for a million. You're watching Coin Desk daily. I'm your host, Jen Sani Bitcoin topped $65,000 as bullish bets climbed to a record high. The largest Cryptocurrency by market cap is now just 5% away from its 2021 high in us dollar terms. Having already reached records in other countries open interest or the number of unsettled future bets rose to an all time high of 27 billion dollars. According to coin glass data, rising interest is a sign of new money entering the market, euphoric sentiment, institutional buying and historical gains linked to the Bitcoin having are all contributing to the price action. The coin desk 20 index is also up almost 5% in the last 24 hours. Bitcoin NFT node monkeys sells for $1 million as Bitcoin inches towards all time. Highs. Bitcoin based collections traded more volume than Ethereum collections in the past 24 hours at $35 million compared to Ethereum based assets. Node monkeys was imprinted on Bitcoin in February last year but launched in December. The pixelated Comic monkeys have become the most traded ordinal collection in the past 24 hours. The floor price or minimum price for a piece in the collection is at least $52,000 right now. While owners of the Nfts have set listing prices as high as 65 million and Pepe coin becomes the biggest meme coin gainer. While Doge and sh I take a break. The frog themed tokens trading volume reached lifetime highs of $3.6 billion. Surpassing Shiba Inu Floy and Doge. Even as developers introduced new upgrades to the ecosystem. Pepe coin surged as much as 60% in the past 24 hours to extend weekly gains to over 360%. Meanwhile, futures products tied to Pepe saw unusually large liquidation since Friday suggesting that traders are exiting bearish bets on the mean coins price. That's a wrap for coin desk daily today, get more updates on and we'll see you next time.

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