Global

Bitcoin's recent surge of 23% to a two-month high of $68,583 has been fueled by a combination of factors, including increased institutional interest and a recovering short-term holder sentiment.

In a surprising turn of events, Dogecoin has officially surpassed XRP in terms of total holder count, amassing a staggering 6.69 million wallets. This milestone underscores the enduring appeal of the meme coin, despite its origins as a lighthearted joke.

Despite recent market volatility, a growing chorus of analysts believes that the Bitcoin bull market is far from over.

Riot Platform, a prominent player in the Bitcoin mining industry, has announced the acquisition of Kentucky-based mining firm Block Mining for a total consideration of $93 million.

A recent 10-year analysis by Santiment has unveiled intriguing trends in altcoin adoption. Litecoin and Dogecoin, often seen as the original cryptocurrencies, have emerged as leaders in terms of user base and engagement.

The cryptocurrency market experienced a sudden downturn, with Bitcoin and Ethereum leading the decline. This price drop triggered a wave of liquidations, totaling $250 million within a 24-hour period.