Bitcoin Surges Past $90,000 Amid Crypto Frenzy and Market Shifts

Bitcoin has surpassed $90,000, with Ethereum and Dogecoin also seeing gains as Coinbase lists meme coins Pepe and Dogwifhat. Large transaction volumes and daily active addresses have increased, while exchanges' netflows have decreased significantly. Notably, Bitcoin whales have purchased over 100,000 BTC recently. Coinbase has launched the COIN50 Index to track top digital assets, and the Department of Justice is seeking to seize $16 million in crypto assets related to an FTX bribery case. Analysts predict further Bitcoin dominance and potential altcoin rallies.