Dogecoin's price has surged 27% this week, reaching its highest in two months as Bitcoin approaches $104,000. As of the latest reports, Dogecoin is valued at $0.225, with a notable 9% rise observed in just one day. The increase in Dogecoin's price comes amid a broader rebounding market sentiment, with Bitcoin's ascent capturing significant attention, as it is only 5% below its all-time high. Additionally, Ethereum has been outpacing both Bitcoin and Dogecoin, recording substantial gains as well, indicating a resurgence of interest in the cryptocurrency space. Open interest in Dogecoin has also spiked significantly, reflecting renewed trading activity. Overall, the developments signify a vibrant moment in the crypto market, driven by increased investor confidence and market dynamics.

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