The Crypto Report: Bitcoin and Ethereum enjoy weekly gains, but Dogecoin the true top dog

The crypto markets enjoyed strong end to the week with global market capitalisation rising to US$1.03tn.

Bitcoin bulls successfully held the support line, having pushed the price up another 1.2% above US$20,500. Holders are likely turning to the US$21,000 price point as the next target, which would indicate a breakout from the six-week trading range.

Ethereum added nearly 2% in the past 24 hours, bringing its exchange price up to US$1,580.

Looking back on the week, both bitcoin and ether are in the green, having gained 2% and 5.2% respectively.

Although Dogecoin (DOGE) has cooled off more recently, the Shiba Inu-themed meme coin remains 50% up on the week, securing a market capitalisation of US$15.9bn.