Bitcoin Surges While Ethereum Slips, Dogecoin Soars as Bitcoin Dominance Hits 30-Month High

Bitcoin and Dogecoin prices surged while Ethereum declined, with Bitcoin dominance reaching a 30-month high.

Bitcoin traded around $34,600, rising 1.48% over 24 hours. Meanwhile, Ethereum dropped 0.49% to about $1,798.

Dogecoin saw the biggest 24-hour gain out of major coins, jumping 5.8% to $0.07.

Bitcoin dominance hit 54.4%, its highest level since April 2021, indicating growing strength relative to altcoins.

Analysts say Bitcoin's bull case remains intact short-term, with $33K as a key support level to watch.