DOGE climbed 9% before a sharp pullback as the $0.213 resistance level halted its rally
Shaurya Malwa, CD Analytics Updated July 12, 2025 6:51 AM Published July 12, 2025 6:51 AM
What to consider:
Background: Record BTC, Rising Risks Fuel Meme Coin Rally
Bitcoin hit an all-time high of $118,000 during the session as crypto markets benefited from a surge in institutional investment, which has totaled $50 billion this week.
Easing geopolitical tensions, improving trade relations, and dovish signals from central banks have led to a rally in risk assets around the world. Dogecoin, which typically shows a high beta during crypto rallies, has surged alongside altcoins.
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