Dogecoin

PEPE

Daily

After plummeting to under $53,000 on Friday, bitcoin’s reaction was quite positive as it has added more than four grand since then and stands above $57,000 now.
Most altcoins have also charted some gains over the past day, with DOGE popping above $0.1 after a 7% increase.
<h2 id="btc-touched-58k-briefly">BTC Touched $58K Briefly</h2>
As mentioned above, last week didn’t go well for the primary cryptocurrency, perhaps driven by the massive <a href="https://cryptopotato.com/weekly-etf-recap-bitcoin-sees-massive-outflows-minimal-demand-for-ethereum/" data-wpel-link="internal" rel="noopener noreferrer nofollow">outflows</a> from the spot Bitcoin ETFs in the States. In the span of five days, BTC went from over $59,000 to <a href="https://cryptopotato.com/wheres-the-bitcoin-price-bottom-3-educated-guesses/" data-wpel-link="internal" rel="noopener noreferrer nofollow">under $53,000</a> on Friday and registered a monthly low at that point.
However, the bulls finally stepped up at this point and didn’t allow a further breakdown toward $50,000 as Arthur Hayes had <a href="https://cryptopotato.com/arthur-hayes-closes-short-bitcoin-position-hints-at-upcoming-btc-rally/" data-wpel-link="internal" rel="noopener noreferrer nofollow">predicted</a>. Just the opposite, bitcoin recovered some ground and stood mostly above $54,000 during the weekend.
Monday started with an <a href="https://cryptopotato.com/btcs-recovery-continues-with-a-rise-above-55k-ton-shoots-up-7-daily-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">increase</a> to above $55,000, a minor retracement, and another, more impressive rally in the evening to a 5-day high of over $58,000.
Nevertheless, the asset failed to remain there and has slid by about a grand since then. Yet, its market cap has soared to $1.130 trillion, while its dominance over the alts is up by 0.4% daily to 53.7% on CG.
<figure id="attachment_359090" aria-describedby="caption-attachment-359090" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-359090" src="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11.png" alt="Bitcoin/Price/Chart 10.09.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-11-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-359090" class="wp-caption-text">
 Bitcoin/Price/Chart 10.09.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="doge-on-a-roll">DOGE on a Roll</h2>
Most altcoins have continued to post minor gains on a daily basis as well. Ethereum has risen above $2,350 after a 1.4% increase, while BNB has tapped $520 following a 2.5% surge. SOL is close to $135 after gaining 3.7%. Similar increases coe from TON, BCH, and NEAR.
Dogecoin has emerged as today’s top performer. DOGE is up by more than 6% and sits above $0.1 now.
More impressive gains come from the likes of FET (10%), KAS (7.5%), PEPe (8%), STX (7.5%), and RNDR (5%).
The total crypto market cap has added over $50 billion overnight and is now above $2.1 trillion on CG.
<figure id="attachment_359092" aria-describedby="caption-attachment-359092" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-359092" src="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1880" height="824" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901.png 1880w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901-300x131.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901-1024x449.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901-768x337.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901-1536x673.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-10-114901-50x22.png 50w" sizes="(max-width: 1880px) 100vw, 1880px"></a>
 <figcaption id="caption-attachment-359092" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/bitcoin-btc-price-jumps-above-57k-dogecoin-doge-rises-6-daily-market-watch/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Price Jumps Above $57K, Dogecoin (DOGE) Rises 6% Daily (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Bitcoin (BTC) Price Jumps Above $57K, Dogecoin (DOGE) Rises 6% Daily (Market Watch)

Table of Contents

CryptoPotato_News

Other articles published on Sep 10, 2024

Kaspa To Reach $10 This Bull Run is ‘Not Crazy’ Says Popular YouTuber as He Updates His KAS Price...

Metaplanet, ‘Asia’s MicroStrategy,’ Boosts Bitcoin Holdings to 400 BTC

What Is the Telegram-Based Catizen Game?

Thunderpick World Championship 2024 finals announced for Berlin, November 2

Ether.Fi Partners with Scroll to Launch Crypto-Backed Visa Credit Card

Tether (USDT) Partners with a New Altcoin!

Join our free newsletter for daily crypto updates!