The crypto market extended its surge into a third consecutive day, with Dogecoin trading up 10.11% in 24 hours to $0.0842 and $1.24 billion of short positions liquidated over the same period. XRP gained 24%, Zcash 18%, and Bitcoin Cash 21%. Mishaboar, a vocal Dogecoin community member, warned of a potential bull trap, particularly regarding rallies associated with high-profile crypto conferences like a White House event that gathered executives from Coinbase, Gemini, Ripple, and Chainlink. The U.S. Treasury is expected to double its buybacks of long-term bonds to at least $4 billion per operation through early November.
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