Bitcoin Nears $82K in Bullish Start to Week; Dogecoin Flips USDC
Bitcoin (BTC) surged above $81,000 on Sunday, marking a record-setting rally in its sixth day. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, rose 4.5% in the past 24 hours. Trading volumes of nearly $100 billion were recorded over an unusually wild weekend session.
Weekend pumps are generally considered bullish in the crypto market, as trading volumes typically decrease over the weekend when institutional investors and professional traders are less active. Dogecoin (DOGE) and shiba inu (SHIB) led gains among majors, with DOGE flipping xrp (XRP) and stablecoin USDC to become the sixth-largest token. Other majors took a breather following a Friday rally.
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