š„š„š„ #Dogecoinā¬ā© Surpasses Ford's Market Cap; Ethereum Overtakes Procter & Gamble
#CryptoBullMarket Ignites as #bitcoināļø and Altcoins Surge to New Heights
- The crypto bull run is off to an explosive start! After Bitcoin rocketed past $89,000, altcoins like Ethereum ($ETH ) and memecoin Dogecoin ($DOGE ) followed suit. Notably, DOGE has now overtaken Ford's market value, while ETH has surpassed Procter & Gamble.
- DOGE surged to $0.42 and is currently trading around $0.4152, marking a 24-hour increase of 19.17%. With a market cap of $61.05 billionāup 18.97%āDOGE has now surpassed Ford Motors' $44.63 billion valuation. DOGEās trading volume also soared by 24.45%, reaching $20.76 billion.
- Ethereum also saw impressive gains, briefly climbing to $3,384 before stabilizing at $3,321, a 24-hour increase of 3.87%. ETHās trading volume hit $58.19 billion after a 22.01% rise. With a market cap of $399.05 billionāup 3.80%āEthereum now stands above American corporate giant Procter & Gamble, valued at $391.01 billion.
- Meanwhile, Bitcoin, which recently overtook silverās market value, hit an all-time high of $89,467 and now holds a market cap of $1.739 trillion. Itās on track to challenge Saudi Aramco, the petroleum powerhouse valued at $1.807 trillion.
- This historic crypto rally was initially fueled by Donald Trumpās victory in the 2024 U.S. election. His pro-crypto stance, including promises to replace SEC Chair Gary Gensler, create a Bitcoin national reserve, and enact crypto-friendly policies, has boosted market confidence and sent crypto prices soaring.
