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BTC 
DOGE 
ETH 
SOL Dogecoin co-founder questions whether the market rebound marks the end of the downturn in 2026.
Dogecoin prices climbed 10% to approach US$0.078. Its co-founder Billy Marcus questions: Does rising cryptocurrency prices mean that the weak period in 2026 is coming to an end?
Bitcoin, Ethereum, Solana and Dogcoin all rose more than the S & P 500 index, while the traditional index recorded only a modest increase of 0.21% over the same period.
Uncertainty about the Federal Reserve's policy remains, and continued cryptocurrency buying may provide stronger evidence of improving sentiment in the digital asset market.
Dogecoin rose 10% in the market rebound, and co-founder asked
Dogecoin co-founder Billy Marcus (known as Shibetoshi Nakamoto on the X platform) questioned whether cryptocurrency's difficult period in 2026 was coming to an end-after Dogecoin jumped 10% in the market rebound.
According to Marcus, the latest increase has brought new optimism to the entire cryptocurrency market. He shared a screenshot showing Bitcoin, Ethereum, Solana and Dogcoin all higher, while the S & P 500 also recorded a slight gain. Dogecoin is trading at around $0.0771, continuing to recover from lows around $0.069. The meme coin once hit US$0.078 and then gave up some of its gains.
It is worth noting that during the period shown by Marcus, cryptocurrencies outperformed the S & P 500, while the traditional market index recorded only a modest gain of 0.21%.
Cryptocurrency rebounds test market sentiment after months of selling pressure
Marcus's reaction comes at a challenging time that will keep cryptocurrency investors cautious for most of 2026. Since the major market crash in October last year, crypto assets have experienced months of selling pressure. That incident resulted in a liquidation of approximately $19 billion.
As a result, bitcoin, dogcoin and several major altcoins are all struggling as weak market sentiment leads to a decline in demand. Bitcoin performed strongly in its latest rally, providing additional support for improving sentiment in the digital asset market. Ethereum and Solana also recorded significant gains.
Meanwhile, investors reviewed the minutes of the Federal Reserve's July Federal Open Market Committee meeting released Wednesday. Most Fed officials support keeping interest rates unchanged, but several officials favor raising interest rates, highlighting differences in monetary policy. Despite this uncertainty, cryptocurrency gains still outstripped the mild fluctuations in the S & P 500.
Dogecoin rebound reflects broader cryptocurrency recovery
Dogecoin's 10% gain was part of a broader cryptocurrency rally, rather than an isolated DOGE rebound. In addition, Bitcoin's strong performance remains important because its movements often affect liquidity and investor sentiment across the cryptocurrency market.
DOGE rebounded to US$0.078 from US$0.069, which is also a meaningful improvement after recent weakness. However, there were selling near intraday highs. As a result, Marcus 'response captured the changing sentiment surrounding cryptocurrencies, while also acknowledging the uncertainty created by months of selling pressure.
Conclusion
Dogecoin's rebound, along with gains in Bitcoin, Ethereum and Solana, boosted market sentiment. Continued market strength will provide clearer evidence that cryptocurrencies 'difficult conditions are easing in 2026.
