Bitcoin's breakthrough past $80,000 signals bullish market sentiment, especially over a busy weekend with nearly $100 billion in trading volume, indicating strong trader interest.
Dogecoin surged by 22% and shiba inu by 12%, fueled by endorsements from Elon Musk, showcasing the impact of social influence on cryptocurrencies.
U.S.-listed crypto equities experienced notable gains as Bitcoin rallied, with MicroStrategy increasing over 11% and miners like Marathon Holdings rising nearly 20%.
The increase in futures premiums on BTC-tracked products signals a bias towards bullish bets, reflecting growing investor confidence in Bitcoin's price trajectory.
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