Bitcoin's price has decreased from a high of over $116,000 to below $115,000, amid relatively stable conditions in the Dollar Index. Analysts remain generally optimistic about Bitcoin's prospects for reaching new highs, alongside potential gains in tokens such as HYPE, SOL, and ENA. Smaller cryptocurrencies like MYX, HASH, PENGU, PUMP, and MNT saw over 10% price increases this week. According to experts, recent economic data suggesting a possible Fed rate cut has contributed to a bullish mood in the crypto market. Open interest in futures for the top 10 cryptocurrencies rose by 3%-5% in the past day. The open interest (OI) in PENGU reached a record high, indicating strong investor interest. Meanwhile, Bitcoin's futures are showing renewed activity, contrasting with Ethereum's pullback to a one-month low in OI. On the note of crypto security, a founder of Thorchain was recently hacked, leading to a loss of $1.2 million, which has drawn attention to ongoing security challenges in the crypto space.

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