Bitcoin, Ethereum, Dogecoin Gain Ahead Of Inflation Data Release: Analyst Says Not Much Resistance For King Crypto Until $65K – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

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Leading cryptocurrencies surged Monday as investors piled into the segment ahead of the release of key inflation data.

CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Bitcoin BTC/USD+2.09%$59,643.06Ethereum ETH/USD +6.78%$2,714.34Dogecoin DOGE/USD +5.88%$0.1076

What Happened: Bitcoin spiked above $60,000 in early trading hours, followed by a seesaw movement within the $58,500 and $59,700 range. Leading Bitcoin mining company Marathon Digital Holdings Inc. MARA announced plans to raise $250 million more to acquire Bitcoin through a new debt offering.

Ethereum breached $2,700, reaching its highest level since last week’s Monday…