Ethereum, Dogecoin Soar as Bitcoin Hits Highest Price in 3 Weeks
2025-07-02 21:34:14
Main Idea
Bitcoin and other cryptocurrencies, including Ethereum and Dogecoin, experienced significant price increases, with Bitcoin reaching its highest price in three weeks.
Key Points
1. Bitcoin topped $109,600, its highest price in three weeks, and is just over 2% away from its all-time high of $111,814 set in May.
2. Ethereum (ETH) was trading above $2,590, a nearly 8% gain over the past 24 hours.
3. Dogecoin (DOGE) rose more than 8% over the past 24 hours, reaching $0.171, leading a spike in larger meme coins.
4. Recent crypto exchange-traded product (ETP) inflows and increasing U.S. regulatory clarity were cited as potential factors driving the price increases.
5. The tech-focused Nasdaq and S&P 500 also saw gains, contributing to a broader market uptick.
Description
Bitcoin came close to a return to $110,000 on Wednesday as major altcoins like Ethereum and Dogecoin put up larger gains.
Latest News
- Bitcoin, Dogecoin and XRP Rebound After BTC Falls to Lowest Price in a Month2025-07-03 23:21:26
- The Year in NFTs: Bitcoin Ordinals Boom, Airdrop Craze, and Brands Come and Go2025-07-03 23:19:29
- The Year in Crypto: Bitcoin and Ethereum ETFs Bring More Investors Into Crypto2025-07-03 23:17:21
- Bigger Gains Than Bitcoin: Top-Performing Crypto Assets of 20242025-07-03 23:17:08
- SCENE’s 2024 Story of the Year: The Boom—and Bust—of Celebrity Meme Coins2025-07-03 23:16:35