Bitcoin, Ethereum, Dogecoin Spike On Fed Pivot Hopes: Apex Crypto Poised To Remain Stuck 'In Consolidation Pattern,' Says Analyst

Major coins were buoyant on Monday evening as the global cryptocurrency market cap rose 2.6% to $945 billion over 24 hours leading up to 8:08 p.m. EDT. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 3.5% 2.3% $19,648.91 Ethereum (CRYPTO: ETH) 3.9% -0.6% $1,326.04 Dogecoin (CRYPTO: DOGE) 2.9% -0.8% $0.0604 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Quant (QNT) +8.45% $140.08 Maker (MKR) +8.15% $815.36 Elrond (EGLD) +7.9% ​​$52.05 See Also: Best Crypto Debit Cards Why It Matters: Cryptocurrencies rose along with other risk assets like stocks on Monday, as the S&P 500 and Nasdaq ended their respective sessions 2.6% and 2.3% higher.