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Bitcoin Surpasses $81,000 Mark, Dogecoin and Shiba Inu Lead Cryptocurrency Gains

Bitcoin Surpasses $81,000 Mark, Dogecoin and Shiba Inu Lead Cryptocurrency Gains

CointimeCointime2024/11/11 04:33
By:Cointime

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.

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