Dogecoin dosega 3-tedenski vrh, ko se širši kripto trg obrne zeleno

Cena Dogecoin (DOGE) has surged 7.8% over the day, making it the second-best performing asset among the top 10 cryptocurrencies.

Kot je navedeno CoinGecko, the volatile meme kovanec hit a 3-week high of $0.0787 earlier on Monday before backtracking to $0.0778 by press time. DOGE is also up more than 10% in the last seven days, wiping off losses it trpel throughout the end of December.

In terms of daily gains, Dogecoin—currently the industry’s ninth-largest cryptocurrency by market capitalization—trails Cardano (ADA), which is up 11.4% over the span.

Market flips bullish as Dogecoin rallies

The latest price action also comes as the wider crypto market has been enjoying a surge of pozitiven občutek, s ceno Bitcoin (BTC) making a return to levels above $17,000 on Sunday for the first time since mid-December.

Other notable top gainers of the day include Solana (SOL), which continues to enjoy a massive price rally of almost 20% over the day and as much as 64% in a week.

Litecoin (LTC) is up 7.6% over the past 24 hours, followed by Odklopite (UNI) in Binance Coin (BNB) with price spikes of 7.3% and 6.3%, respectively.

Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is up 4.6% over the day, trading at a four-week high above $1,323.

Investors are also keeping a close eye on the upcoming Consumer Price Index (CPI) report, set to be released at 8:30 am ET on Thursday.

The CPI report, which outlines details on the inflation picture for the month of December, is considered the most important economic report preceding the Federal Open Market Committee (FOMC) meeting that concludes on February 1. This report will help determine the size of the Federal Reserve’s subsequent interest-rate increase.

Z inflacijo napovedane to have risen 0.3% in December, markets pričakovati the Fed to raise rates by 0.25 percentage points to 4.5%-4.75%, although there are chances for a larger 0.5 percentage point hike.

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• vir: https://decrypt.co/118715/dogecoin-hits-3-week-high-wider-crypto-market-turns-green