DOGE, SHIB, PEPE Lead Crypto Surge as BTC Soars to $63K: Weekend Crypto Market Highlights
- Bitcoin’s recovery continues as it jumps from under $59,000 to over $63,000, with most altcoins following suit.
- Bitcoin’s market cap has risen to $1.240 trillion, while its dominance over the alts stands at 50.5%.
- Top gainers from the largest altcoins come from the volatile meme coin sector, including Dogecoin, PEPE, and SHIB.
Bitcoin’s recovery journey continues as it jumps to a multi-day peak, with most altcoins, especially meme coins, following suit.
Bitcoin’s Recovery Journey
Bitcoin had a highly adverse trading week as its price dumped hard on a few occasions. It all started positively on Monday morning when BTC pumped to almost $65,000, but the bears took control of the market immediately and pushed it south to $62,000. The declines were far from over as the asset further slumped to and below $60,000. The correction culminated in a two-month low of $56,500 charted on Wednesday, ahead of the latest US FOMC meeting. Once that was completed and the Fed said it will not raise the interest rates soon, BTC reacted with a $2,000 pump and dump and returned to its starting position. It starte... Read the full article for FREE at COINOTAG!
