Polkadot's DOT Gains as Much as 5% as Bitcoin Nears All-Time Highs
2025-07-10 12:40:31
Main Idea
Polkadot's DOT token gained up to 5% amid a broader crypto market rally, with Bitcoin nearing all-time highs.
Key Points
1. DOT surged as much as 5% in 24 hours, climbing from $3.52 to $3.70.
2. Bitcoin was approaching all-time highs at $112,000.
3. A key breakout occurred at 19:00 on July 9, with DOT spiking to $3.63 on heavy volume of 4.21 million.
4. The CoinDesk 20, a broader market gauge, was up 3.5%.
5. Robust volume-based support was established around $3.54 during the 18:00-21:00 surge on July 9.
Description
Polkadot's DOT (DOT) surged as much as 5% in the last 24-hours, climbing from $3.52 to $3.70 as bulls dominated the session, according to CoinDesk Research's technical analysis model. The model showed that a key breakout occurred at 19:00 on July 9, with DOT spiking to $3.63 on heavy volume of 4.21 million. The rally in Polkadot came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20, recently up 3.5%. Bitcoin, the world's largest cryptocurrency, was approaching...
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