On-chain analyst James Check said markets have entered the "euphoria zone" as Bitcoin is in new price discovery. Marathon Holdings CEO Fred Thiel lamented the German government's decision to sell BTC when it was around $53,000, but his company is hodling over 27,000 BTC, which is growing every day. Bitcoin's continued surge has pushed total crypto market capitalization to $2.92 trillion, its highest level since the November 2021 bull market peak.
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