Bitcoin, Ethereum, Dogecoin Spike As Market Stays Upbeat After Better-Than-Expected Jobs Report: Analyst Says Every Bull Run Started In October — Will 2024 Follow The Trend?
Leading cryptocurrencies rallied Sunday overnight as investors remained optimistic following a healthy employment report.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:45 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | +2.51% | $63,448.35 |
| Ethereum (CRYPTO: ETH) |
+3.17% | $2,485.32 |
| Dogecoin (CRYPTO: DOGE) | +3.53% | $0.113 |
What Happened: Bitcoin steadily inched upward throughout the day, before a sharp breakout to nearly $64,000 late evening. The world’s largest cryptocurrency attempted to recover from last week’s losses, exacerbated by geopolitical tensions.
The late-hour surge also saw Ethereum spike to $2,490, up from a loss of more than 5% the previous week.
Total cryptocurrency liquidations hit nearly $112 million in the last 24 hours, with downside bets getting the most affected.
Bitcoin’s Open Interest soared 5.83% in the last 24 hours, indicating a sharp surge in speculative interest for the leading cryptocurrency.
The Cryptocurrency Fear & Greed entered the “Neutral” zone after languishing in “Fear” last week.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 8:45 p.m. EDT) |
| Popcat (POPCAT) | +18.22% | $1.44 |
| dogwifhat (WIF) | +16.52% | $2.60 |
| BIttensor (TAO) | +15.41% | $645.02 |
The global cryptocurrency stood at $2.2 trillion, …
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