Summary
TLDR: Bitcoin hit a new all-time high above $70,000, with Ethereum also reaching $4,000. Meme coins like Shiba Inu and Dogecoin saw significant gains. Solana and Bitcoin Cash also performed well. Despite the surge, many altcoins are still below their previous all-time highs from 2021.
Key Points
1. Bitcoin hit a new all-time high, surpassing $70,000 after trading below $17,000 in January 2023.
2. Ethereum also reached $4,000 for the first time since 2021, with a 13% increase over the week.
3. Meme coins like Shiba Inu and Dogecoin saw significant gains, with Shiba Inu jumping nearly 135% and Dogecoin nearly doubling in price.