Dogecoin trading volumes more than doubled in recent sessions, pointing to renewed appetite for meme coins as the wider crypto market tries to stabilize. The liquidity spike could boost prices but also raises the prospect of renewed volatility.
STRC’s trading volume spiked after an issuance indicating an approximately 1,000 BTC purchase, the issuer's largest one-day move since July. The action points to aggressive accumulation from Strategy, the largest publicly traded bitcoin holder.
Bitcoin fell roughly 1.2% to about $101,342 after sliding from $103,413 to $101,775, consolidating under $102,000 resistance. Volume was only 2.11% above the seven-day average, signaling cautious participation near the $100,000 psychological level.