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- DOGE barks as BTC eyes new high 👀
DOGE barks as BTC eyes new high 👀
Dogecoin and Ethereum have both posted massive gains this week as Bitcoin now sits just 5% from its peak price.
Andrew Hayward
May 10, 2025
📝 What you need to know
Dogecoin is barking its way up the charts again Saturday, rising 11% over the past day and pushing its seven-day gain to 27%, as of this writing. The top meme coin touched its highest price in two months this morning—and it’s not even the biggest gainer this week among top coins.
That honor goes to Ethereum, which is up a whopping 33% over the last seven days. Analysts told Decrypt that it’s due in part to this week’s successful Pectra upgrade, some pent-up excitement over the chain’s future, and broader market interest as traders pivot back towards risk assets.
Bitcoin could almost get lost in that excitement, given a relatively modest 7% gain on the week—except that BTC reclaimed $100K earlier this week and now is just 5% away from its all-time high price from January. Comparatively small BTC movements may be fueling more explosive gains elsewhere in the market.
📊 Myriad Market of the Day
From our partner
Join Otherlife, Rug Radio and Delorean Labs to celebrate the last day of Consensus Toronto 2025 at the official Closing Party. Taking place Friday, May 16 at the iconic Steam Whistle Brewery, the event is just a 5-minute walk from the convention center, with a private indoor space and patio overlooking the CN Tower.
Enjoy DJs, food and an open bar while connecting with some of the greatest minds in the blockchain, Web3, and AI space.
📍 Location:
Steam Whistle Brewery - Pilsner Hall @ 255 Bremner Blvd Bay 6, Toronto, ON M5V 3M9 2:00 PM - 8:00 PM
💬 Quote of the Day
“Enthusiasm only grew after this week's flawless rollout of the Pectra upgrade, the biggest technical milestone since the merge.”
