Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher Sharp volume spike drives breakout through resistance, with price now testing whether the level flips to support. By Shaurya Malwa May 4, 2026, 4:34 a.m. 1 min read Make preferred on What to know : Dogecoin broke above the key $0.109 level in early Asia trading as bitcoin surged past $80,000, lifting broader crypto markets. The move came in a single high-volume burst from about $0.1075 to $0.1119, suggesting concentrated buying rather than gradual retail interest. Traders are watching whether $0.109 now holds as support, with $0.114 as the next resistance and a drop back below $0.109 signaling a failed breakout. Dogecoin cleared $0.109 in early Asia hours as bitcoin pushed through $80,000, with the break coming on a sharp volume surge that tends to signal real positioning rather than drift, leaving the level likely to act as near-term support if momentum holds. News Background • Bitcoin crossed $80,000 during early Asia trading, lifting broader risk appetite and pulling altcoins higher alongside the move. • DOGE followed the broader market bid, with momentum returning after a quiet stretch of sideways trading. Price Action Summary • DOGE climbed from $0.1075 to $0.1119, building higher lows before breaking resistance at $0.109. • The breakout came in a single high-volume burst rather than a gradual grind higher. • Price is now holding near $0.111, consolidating just above the breakout zone. Technical Analysis • The key shift is the break above $0.109, which had capped price during recent sessions. • Volume spiking into the move suggests concentrated buying rather than retail drift. • The structure now depends on whether $0.109 holds as support after the breakout. • Momentum is strong, but the move is getting stretched with RSI pushing higher and positioning building. What traders should watch • $0.109 is the pivot. Holding above it keeps the breakout intact. • $0.114 is the next resistance level if momentum continues. • A move back below $0.109 would signal a failed breakout and return to the prior range. More For You Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout By Sam Reynolds 8 minutes ago Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month. What to know : Bitcoin’s climb back toward $80,000 is being driven largely by inflows into U.S. spot ETFs and leveraged long positions rather than broad-based spot buying. On-chain data show April’s rally was powered almost entirely by perpetual futures demand while spot demand contracted, a pattern historically linked to fragile, easily reversed gains. Read full story Latest Crypto News Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout 8 minutes ago Morgan Stanley's Oldenburg: Bitcoin on U.S. bank balance sheets is coming, just not yet 4 hours ago Policy Summit and other things at Consensus 2026: State of Crypto 10 hours ago Crypto is at bottom of U.S. voters' priorities heading into elections, CoinDesk survey shows 14 hours ago Americans still prefer banks over crypto for financial access, CoinDesk's survey shows 14 hours ago U.S. voters don't trust Trump administration to oversee crypto sector, CoinDesk poll finds 14 hours ago Top Stories Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup May 2, 2026 The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say May 2, 2026 Brazil's central bank bans stablecoin and crypto settlement in cross-border payments May 2, 2026 Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield May 1, 2026 New Bitcoin quantum proposal offers Satoshi Nakamoto a way to prove control without moving BTC May 2, 2026 Bitcoin above $78,000 as Senate clears Clarity Act yield hurdle, S&P 500 sets new record May 2, 2026