Ethereum, Dogecoin Soar as Bitcoin Hits Highest Price in 3 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.