Collective Shift

Bitcoin Hits $73,000; Ethereum’s Successful Upgrade & Starbucks Exits NFTs

March 21, 2024 Collective Shift
Collective Shift
Bitcoin Hits $73,000; Ethereum’s Successful Upgrade & Starbucks Exits NFTs
Show Notes

Join Matt and Nick as they break down Bitcoin’s run to all-time highs of $73,600 and Solana breaking $200 for the first time since late 2021. They also cover Ethereum’s successful upgrade, another record day for Bitcoin ETFs, important altcoin updates, and more.

Key Takeaways 

  • Bitcoin (BTC) reached a fresh all-time high of $73,600 while Solana (SOL) surpassed $200 for the first time since late 2021. Matt is not looking to sell SOL any time soon.
  • Ethereum’s ‘Dencun’ was successful, with fees falling dramatically on L2s. For example, it currently costs less than one cent to use Uniswap on Optimism.
  • Stronger-than-expected demand for ETFs continued. Daily net inflows topped $1 billion for the first time on March 12.
  • Among the altcoin updates covered: Arbitrum’s $400M gaming fund, Starbucks to sunset its Polygon NFT loyalty program and Avalanche’s memecoin fund.