**Cryptocurrency Market Revives with BTC Leading the Charge**
The cryptocurrency market showed signs of recovery on Friday night, with significant gains led by Bitcoin. Dogecoin also experienced a notable rise after a major buying spree by large investors, known as whales.
Once a big winner following Donald Trump’s election, Dogecoin surged to nearly $0.5 but faced a steep decline recently, hitting a five-month low of $0.13 amid trade war tensions. Despite this, DOGE rebounded, climbing above $0.16 after a 6% increase, spurred by whales purchasing over 80 million tokens within 24 hours. This buying activity suggests a bullish trend as fewer tokens remain for immediate sale, potentially influencing smaller investors to follow suit.
This resurgence was highlighted on Twitter, noting the substantial acquisition by whales, as these large market players often set trends in the crypto market.
