Bitcoin closed around 79455.83 after a 24h range of 79233.00–80559.99, with open interest and volume pulling back as funding rates and the premium index edged higher. Meme Season is currently the top sector versus Bitcoin over the last 30 days, signaling opportunity in meme tokens even as BTC faces headwinds.

Based on what is currently happening in the market, the sentiment for cryptocurencies is bullish.