Bitcoin retakes $80,000, lifting Dogecoin 4% as traders hedge amid breakout doubts
On May 4 Bitcoin surged back above $80 k, driven by strong inflows, while many traders bought hedges to protect against a false breakout. The rally also boosted altcoins, with Dogecoin jumping about 4 % to lead gains among major tokens. CoinDesk’s two reports describe the same market move: one focuses on the flow‑driven rebound and hedging activity, the other highlights Dogecoin’s outperformance; they do not contradict each other.
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