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Crypto markets are rallying on Monday as the S&P 500 is having its best day in two months.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $88,253.26 | +3.8% |
| Ethereum (CRYPTO: ETH) | $2,091.79 | +4.8% |
| Solana (CRYPTO: SOL) | $142.75 | +9.3% |
| XRP (CRYPTO: XRP) | $2.46 | +2.8% |
| Dogecoin (CRYPTO: DOGE) | $0.1865 | +9.1% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001359 | +5.7% |
Notable Statistics:
Notable Developments:
Top Gainers:
| Cryptocurrency | Price | Gains +/- |
| FOUR (CRYPTO: FORM) | $2.49 | +22.2% |
| SPX6900 (CRYPTO: SPX) | $0.6146 | +20.6% |
| Berachain (CRYPTO: BERA) | $7.91 | +17.2% |
Trader Notes: As Bitcoin prices picked up steam, crypto trader Jelle noted In a Bitcoin bull market, dips are natural—but so are new highs. "We got the dip out of the way, time for new highs soon?"
The Coin Bureau co-founder Nick Puckrell explained that Bitcoin's upward move is bullish, though it left a CME gap between $84,000-$85,000, which could get filled later.
CryptoCon stated that Bitcoin rebounded as expected from extreme short-term lows. With bearish sentiment high, many will see this as a dead cat bounce—but could the masses be wrong again about a bear market and recession?
Rekt Capital sees Bitcoin testing the 21-Week EMA, trying to reclaim it as support. A successful reclaim could set the stage for a breakout to ~$93,500.
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Image: Shutterstock
