Prix de Golden DogDOGS

$DOGS

$DOGS

Market Overview ​The overall cryptocurrency market is showing signs of growth this week. The total crypto market capitalization is estimated to be around $3.69 trillion to $5.73 trillion, with a slight increase over the past day and a more significant increase over the past week. Trading volume has also seen an uptick in the last 24 hours. ​Major Cryptocurrencies $BTC ​Bitcoin (BTC): Bitcoin is currently trading in a tight range, hovering around the $111,000 to $112,000 mark. While it has shown some upward momentum, it is still consolidating, with analysts noting that a decisive breakout could be triggered by new macroeconomic data, such as U.S. inflation figures. The price is up slightly over the last 24 hours and has seen a moderate increase over the past week. $ETH ​Ethereum (ETH): Ethereum is trading around $4,300 to $4,400. The coin has been experiencing some volatility, with some sources mentioning continued ETF outflows and seasonal weakness in September. However, it is also seeing renewed interest from institutional investors ("whales") who have been accumulating the asset. A key resistance level to watch is $4,500, with a potential for a move toward $4,800 to $5,000 if it breaks that level. ​Other Notable Cryptocurrencies $DOGS ​Dogecoin (DOGE): Dogecoin has seen a significant increase in price, up over 8% in the last 24 hours. It is being noted as a leader in an altcoin surge. $SOL ​Solana (SOL): Solana is up, with its price increasing by over 3% in the last 24 hours. $XPR ​XRP (XRP): XRP is also experiencing a positive trend, with a price increase of over 5% in the last day. ​Market Drivers and Analysis ​Macroeconomic Factors: The market is cautiously balancing macroeconomic uncertainty with strong capital inflows. Investors are keeping a close eye on upcoming U.S. economic data, such as inflation figures and the Federal Reserve's rate cut decisions, as these could influence a significant price movement. ​Institutional Activity: There is continued institutional buying, particularly in Bitcoin, and renewed interest in community-driven tokens. ​On-Chain Data: Bitcoin's illiquid supply has hit a record high, suggesting that long-term holders are continuing to accumulate. Ethereum is also seeing a similar trend with whale accumulation.

PENGU team transfers 171.6M PENGU (~$6M) to CEX $BTC $ETH $DOGS $BGB