In brief
- Dogecoin jumped 5.1% to $0.22, buoyed by news of a proposed ETF from REX Shares.
- TRON gained 2.4% after headlines tied to founder Justin Sun, while XRP added 2%.
- September’s rate cut expectations and renewed retail activity could set the stage for a stronger Q4.
Altcoins are starting to rise, with Dogecoin leading the weekend rally among the top ten altcoins, following muted price movements last week from Bitcoin.
Dogecoin is currently trading at $0.22 following a 5.1% jump in the past 24 hours. TRON has a modest gain of 2.4% while XRP is up 2% in the same period, CoinGecko data shows.
The crypto markets, including Dogecoin and TRON, are up after an “overreaction” to Friday’s U.S. unemployment numbers, Stephen Gregory, founder of crypto trading platform Vtrader, told Decrypt, who believes that an “alt-season is brewing” despite the recent sell-off.
While the macroeconomic outlook was a main driver and set the tone for both the crypto and equity markets’ sentiment on Friday, the
Go to Source to See Full Article
Author: Akash Girimath
