Crypto Market Surges as PEPE Price Jumps Over 20%

The cryptocurrency market has experienced a significant surge in recent hours, with the total market value increasing by over 10%. Bitcoin's price has reached $72,000, and PEPE has jumped more than 20% in the past 24 hours to trade at $0.000003097.

Heavy trading activity is supporting PEPE's move, with volume up more than 500% over the past day. According to data from BSCN, PEPE is leading major OG memecoins like DOGE and SHIB in terms of price increase, with a 24-hour move of over 19%.

The combination of broad market strength, meme-coin rotation, and heavy PEPE volume explains why the token's price is running higher. However, the bigger question now is whether this rally can break the key resistance above it.