Bitcoin and Dogecoin Rebound as Ethereum Hits 5-Month High Price
Bitcoin, Dogecoin, and Ethereum have seen a surge in prices ahead of Thanksgiving after a mid-week dip. Bitcoin rose back above $97,000, reaching a peak of $97,360 before stabilizing at around $96,320, reflecting more than a 5% gain over the last 24 hours. Last week, it nearly attained a new all-time high of $99,645. Ethereum reached a five-month high of $3,647, also increasing by 9%, but still needs to climb 25% to surpass its 2021 record of $4,878. Dogecoin improved as well, climbing to slightly over $0.40 after a drop earlier in the week, buoyed by renewed interest tied to Elon Musk's recent comments. The broader crypto market has experienced a nearly 5% increase, bringing the total market capitalization close to $3.5 trillion, signaling a potential recovery ahead of the holiday.
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