Crypto Markets Rally broadly, DOGE Leads With 12% Surge

Almost every major cryptocurrency climbed over the last 24 hours, with Bitcoin rising about 4.6% and XRP gaining nearly 5.8%, pushing the total crypto market cap to roughly $2.9 trillion. The biggest mover was Dogecoin, jumping over 12% — meme coins like DOGE tend to experience sharp price swings when overall market excitement is high, which today's Fear & Greed Index score of 78 ("Extreme Greed") suggests it is. The one notable exception was Avalanche (AVAX), which dipped about 4%, a reminder that even in broadly "up" markets, individual coins can move in their own direction for a variety of reasons.