$BTC Crypto Price Today (14th May): Ethereum and Dogecoin Surge,Bitcoin Holds Steady

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Ethereum and Dogecoin took the spotlight on Wednesday, both rallying nearly 9% in a single day and extending a week-long bullish streak. ETH climbed past $2,600, while Dogecoin shot up to around $0.24, pushing the overall market mood into a positive zone despite some macroeconomic headwinds.

Crypto Market Today

The total crypto market cap jumped by 1.7%, with Bitcoin holding steady around $103,700. But while the green candles keep flashing, traders are trading carefully. A stronger U.S. dollar and renewed trade tensions have stirred some nerves, raising the risk of short-term profit-taking, especially with Bitcoin hovering near its highs.

Analysts are split on where BTC heads next. FxPro’s Alex Kuptsikevich pointed out that the dollar’s strength is putting natural pressure on crypto markets. Meanwhile, QCP Capital highlighted that Bitcoin seems caught between two narratives, one as a safe haven and the other as a risk asset, which is creating indecision in the market.