Bitcoin has failed to reach the $100,000 mark as expected, falling just $250 short on most exchanges before dropping about $1,000. However, Dogecoin has captured attention with a strong breakout, hitting a new 3.5-year high at $0.48. 🐶
DOGE surpassed the $0.4 threshold after being held back by bears for several days, and surged to $0.48 for the first time since the price spike in early 2021. With an increase of over 200% in the past month, DOGE is becoming the focus of cryptocurrency analysts.
This price surge has resulted in nearly $40 million being liquidated from short positions on DOGE in the past 24 hours. 📈