Bitcoin continues its upward trajectory, approaching $116,800 as meme coins like DOGE and PEPE post double-digit gains. The cryptocurrency market has added over $80 billion in value overnight, fueling speculation about an altseason. Bitcoin’s market dominance has dipped to 55.2% while altcoins outperform.
- Bitcoin faced multiple resistance tests at $113,200 and $116,800 before settling near $116,000
- Meme coins DOGE and PEPE led altcoin gains with 12% and 18% surges respectively
- Total cryptocurrency market capitalization increased by $80 billion overnight to $4.18 trillion