Dogecoin Jumps 1.86% to 11 Cents as Most Major Cryptocurrencies Rise
Updated
Updated · MarketWatch · May 11
Dogecoin Jumps 1.86% to 11 Cents as Most Major Cryptocurrencies Rise
13 articles · Updated · MarketWatch · May 11
Dogecoin led Monday’s U.S. morning crypto gains, rising 1.86% to 11 cents while most large tokens traded higher.
Six other major cryptocurrencies advanced, including Cardano up 1.05% to 28 cents, Solana up 0.89% to $95.29, XRP up 0.67% to $1.46 and Bitcoin up 0.48% to $81,087.90.
Sui bucked the broader move, dropping 5.53% to $1.27, while Ethereum slipped 0.24% to $2,322.54.
Crypto-linked stocks mostly tracked the firmer tone: Riot gained 3.03%, Coinbase rose 1.87% and MARA added 2.01%, though Block fell 1.94% and Tesla lost 1.57%.
Earlier Monday, regulation optimism had lifted XRP and Solana while Bitcoin hovered near $80,700, with the latest move extending that broader positive sentiment.
The crypto industry's regulatory clarity bill has a 50/50 chance. What happens if this legislative effort fails this year?
As banks challenge crypto rewards, will the Clarity Act ultimately protect consumers or just traditional financial institutions?
With Bitcoin now tracking geopolitics and markets, has it lost its identity as an independent financial asset?
Altcoins Outperform Bitcoin: XRP and Solana Face Resistance Amid $1.3B ETF Inflows and Regulatory Uncertainty (May 2026 Market Report)
Overview
In early May 2026, the cryptocurrency market is seeing altcoins show notable strength while Bitcoin's momentum has stalled after nearing $83,000. This shift has sparked positive sentiment and speculation about an upcoming altcoin season. The performance of altcoins is being shaped by evolving regulatory landscapes, growing institutional investment, and changes in investor risk appetite. As Bitcoin's surge plateaus, select altcoin sectors like DeFi and Layer 1 protocols are gaining traction, suggesting that broader market forces and regulatory clarity are setting the stage for a potential altcoin rally.