Crypto Markets Today: ENA, DOGE Rally as Bitcoin Downside Concerns Linger

Most cryptocurrencies are in the green, with tokens like Ethena's ENA and dogecoin (DOGE) looking to better their already impressive double-digit 24-hour price gains. The CoinDesk 20 Index (CD20), a measure of the broad market, is 2% higher with 16 members advancing. Still, Alex Kuptsikevich, the chief market analyst at the FxPro, remains cautious. "The crypto market capitalisation remains below its 50-day moving average, indicating the prevalence of bears in the market. This is a very worrying indicato ...