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- Bitcoin broke the $71,000 worth degree and reached a every day excessive of $71,475.
- Ethereum additionally surged 5% and reclaimed the $2,600 worth degree.
- DOGE rose a large 14.87% whereas MOG rose 15% as properly.
Bitcoin (BTC) has damaged above the $71,000 worth degree and is approaching its all-time excessive of $73,750. The cryptocurrency faces robust resistance above $70,000.
In accordance with CoinMarketCap, Bitcoin is buying and selling at $71,355.40, up 5.17% prior to now 24 hours, and is 3.38% away from its all-time excessive. The digital asset dropped to a every day low of $67,535.13 earlier than rising to a excessive of $71,475.47. Bitcoin is up 5.80% over the previous seven days and eight.41% within the final 30 days.
The market cap of Bitcoin additionally surged to a monumental $1.4 trillion because the buying and selling quantity of BTC rose 148.05% to $44.66 billion. Furthermore, BTC’s worth has elevated 109.58% since October final yr.
Ethereum and Meme Coin Efficiency
Bitcoin’s closest rival Ethereum (ETH) additionally rose by greater than 5% prior to now day and is buying and selling at $2,614.34 on the time of writing, down 46.54% from its all-time excessive of $4,891.70 witnessed in the course of the earlier bull run in 2021.
Meme cash rose massively prior to now 24 hours with sector chief Dogecoin (DOGE) rising 14.86% to $0.1663. DOGE achieved a market cap of $24.36 billion whereas outperforming its rival Shiba Inu (SHIB), which surged 7.78% to $0.00001843 in the identical interval.
Learn additionally: AI Memecoins Acquire Traction: GOAT, TURBO, and KOKO Analyzed
Pepe (PEPE), dogwifhat (WIF), and Popcat (POPCAT) have elevated by 6.20%, 5.32%, and 11.71%, respectively. They’re buying and selling at $0.059557, $2.57, and $1.65, respectively.
One other meme coin value mentioning is Mog Coin (MOG), which skyrocketed 15% to $0.051938 prior to now 24 hours and is simply 20.19% down from its all-time excessive of $0.052445 seen in July this yr.
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