"Crypto Market Surges as Dogecoin Climbs and Bitcoin Rebounds Above $67K"
TL;DR Summary
Dogecoin surged 18% following news of Coinbase's plan to offer DOGE futures, while Bitcoin and Ethereum rebounded after a dip, with BTC and ETH rising as much as 11% in the past 24 hours. The market volatility was attributed to profit-taking and leveraged bets, but sentiment reversed after a dovish FOMC speech by U.S. Federal Reserve Chair Jerome Powell. The surge in major tokens was led by spot transactions, and the filing of DOGE futures by Coinbase was seen as a potential precursor to a spot DOGE exchange-traded fund.
- Dogecoin Climbs 18% on DOGE Futures Hopes, Bitcoin Nears $68K CoinDesk
- Bitcoin rebounds above $67,000 as it shakes off $200 billion slump CNBC
- Cryptos and stocks surge higher after the Fed holds rates, projections steady KITCO
- BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows Cointelegraph
- Bitcoin price rebounds back above $67,000 after Fed holds interest rates Yahoo Finance
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