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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/doge-and-shib-lead-meme-coin-rally-as-bitcoin-stabilizes-above-67000" rel="noopener noreferrer nofollow">DOGE and SHIB Lead Meme Coin Rally as Bitcoin Stabilizes Above $67,000</a><br></p>
<p style="text-align: justify">In the recent cryptocurrency market surge, <a href="https://en.bitcoinhaber.net/old-dogecoin-wallet-springs-to-life-with-significant-coin-movements" rel="noopener noreferrer nofollow">Dogecoin</a> (DOGE) and Shiba Inu (SHIB) have posted remarkable gains, outperforming many other digital assets. <a href="https://en.bitcoinhaber.net/examining-bitcoins-pre-halving-market-behavior-for-strategic-insights" rel="noopener noreferrer nofollow">Bitcoin</a> has found stability after a period of significant fluctuations, now trading slightly above the $67,000 mark. This shift in Bitcoin’s behavior has set the stage for other high-volume altcoins like Binance Coin (<a href="https://en.bitcoinhaber.net/binance-coin-bnb-stands-strong-as-market-faces-uncertainty" rel="noopener noreferrer nofollow">BNB</a>) and Ethereum to achieve multi-year highs, narrowing the gap with Bitcoin’s market dominance.</p>
<h2 id="bitcoin-s-steady-position-spurs-altcoin-activity">Bitcoin’s Steady Position Spurs Altcoin Activity</h2>
<p style="text-align: justify">Bitcoin, after a particularly strong week that saw its value increase by over $10,000, halted its upward trend over a weekend but continued its ascent soon after. Community expectations were high for it to surpass its all-time high of $69,000. Despite reaching a new high of $69,300, Bitcoin couldn’t maintain its upward momentum and underwent a $10,000 correction, resulting in a significant loss of market liquidity.</p>
<p style="text-align: justify">Following this drop, Bitcoin managed a swift comeback, rebounding back to the $67,000 level by March 6th. Its market value has stayed above $1.3 trillion, yet its influence in the cryptocurrency market has slightly decreased with altcoins gaining ground.</p>
<h2 id="altcoins-witness-substantial-gains">Altcoins Witness Substantial Gains</h2>
<p style="text-align: justify">Ethereum has seen an uptrend over the recent weeks, achieving a price close to $4,000, a figure last witnessed approximately two years ago. BNB followed closely and, with an 8% daily uplift, achieved its highest value of $470 since January 2022.</p>
<p style="text-align: justify">Meme coins like Dogecoin and Shiba Inu have also recovered from recent losses, with DOGE climbing above $0.16 and SHIB trading at $0.000034. Other large-volume altcoins such as Bitcoin Cash (BCH), Ethereum Classic (ETC), ARB, and TIA have been experiencing a surge. The total value of the cryptocurrency market has expanded by more than $40 billion overnight, approaching a total of $2.7 trillion as per CoinGecko’s data.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/doge-and-shib-lead-meme-coin-rally-as-bitcoin-stabilizes-above-67000" rel="noopener noreferrer nofollow">DOGE and SHIB Lead Meme Coin Rally as Bitcoin Stabilizes Above $67,000</a></h5>

DOGE and SHIB Lead Meme Coin Rally as Bitcoin Stabilizes Above $67,000

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