Bitcoin Surpasses $81,000 Mark, Dogecoin and Shiba Inu Lead Cryptocurrency Gains
Bitcoin has surpassed $81,000 due to a sustained rally, high trading volumes over the weekend, and bullish futures market activity. Dogecoin and Shiba Inu have seen significant gains, with dog-themed tokens increasing by 30% in the past 24 hours. The market movements are linked to Donald Trump's presidential win and the anticipation of a strategic bitcoin reserve promised during his campaign. Bitcoin has continued its record-setting rally for six days, with all major and midcap tokens experiencing growth. Trading volumes of nearly $100 billion over the weekend are considered bullish in the crypto market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk confirms X is preparing to launch a remittance feature in its X Payments service
Polkadot ecosystem tokens continue to rise, with KSM increasing by more than 90% in a single day
The total market value of stablecoins exceeded 190 billion US dollars, setting a new record high
Trending news
MoreCrypto prices
More
