Dogecoin (DOGE), the leading meme coin by market capitalization, is trading above $0.2000 at the time of writing on Monday, after profit-taking and a shift in sentiment in the broader cryptocurrency market trimmed gains from an intraday high of $0.2095.
Ethereum (ETH) briefly rose above $4,000 on Friday following a lower-than-expected US Consumer Price Index (CPI) print, reinforcing market expectations of rate cuts.
Bitcoin (BTC) trends higher for the second day, trading above $111,000 at the time of writing on Friday. The steady price increase from a weekly low of $106,666 mirrors a gradual sentiment growth across the cryptocurrency market.