The value of cryptocurrency is increasing in the Americas as the trend of meme coins gains strength.

Bitcoin started the week strong by surpassing the $69,000 mark as cryptocurrency values rose across the board during the early hours of the trading day in Europe. As of now, BTC is trading at approximately $69,200, showing a notable increase of 2.5% in the past 24 hours. The broader market for digital assets, represented by the CoinDesk 20 Index (CD20), also saw a rise of 1.4%. The top gainer was Dogecoin, with a 3% increase in trading value. This jump can be attributed to well-known individual investor Keith Gill disclosing a massive $180 million investment in Gamestop, causing GME stock to rise by 80% in pre-market trading. The surges in meme stocks are often taken as a positive indicator for meme coins like DOGE. Interestingly, a GME meme coin built on the Solana network has seen an impressive 200% surge in the last 24 hours, according to data from CoinMarketCap.