Dogecoin, Ethereum, and several other altcoins sparked a notable surge in the cryptocurrency market, lifting Bitcoin to its highest level in three weeks. The rally reflects growing optimism among investors regarding the broader adoption of digital asset products.
Dogecoin (DOGE) led the gains among larger meme coins, jumping over 8% in the past 24 hours to reach $0.171, according to data from CoinGecko. The move allowed DOGE to reclaim ground lost earlier in the month and reaffirm its position as the eighth-largest cryptocurrency by market capitalization.
Ethereum (ETH), the second-largest crypto by market cap, also performed strongly, trading above $2,590 with nearly an 8% daily increase. This upward momentum suggests renewed interest in Ethereum’s ecosystem, especially as attention returns to altcoins.
Bitcoin (BTC), the market leader, climbed over 3% since the previous day, briefly exceeding $109,000 for the first time in three weeks. It continued to gain, hitting a high above $109,600. The latest price action highlights a broader wave of bullish sentiment, possibly fueled by increasing interest in crypto ETFs, institutional entry, and more favorable global regulations.
The synchronized rise in prices across major cryptocurrencies signals renewed confidence in the long-term potential of blockchain-based assets.
submitted by /u/MooresMikey
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