DOGE and SHIB experienced a slight decline after a significant 25% rally last week, while bitcoin maintained its bullish momentum above $71,500. Other major cryptocurrencies like ETH, SOL, BNB, and ADA remained relatively stable, with XRP leading the pack with a 10% increase in the past 24 hours. The CoinDesk 20 index also rose by 0.73%. In other news, spot bitcoin ETFs surpassed the $10 billion inflow mark for the first time, potentially leading to a sell-side crisis if such flows continue. However, experts remain cautious about another potential washout despite the bullish signal from the bitcoin options market. Volatility and funding rates are key factors that indicate market sentiment and trading activity in the crypto space.
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DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains ‘Elevated’
