Dogecoin rose 10% to $0.0771, extending the previous day’s move from a low of $0.069, after briefly reaching $0.078 early Thursday. The broader crypto market also rebounded, with Bitcoin and most major assets outperforming the S&P 500, which gained 0.21% in the timeframe shown in a screenshot shared by Dogecoin cofounder Billy Markus, known as Shibetoshi Nakamoto on X. Markus asked, "is crypto back? is the 2026 nightmare over?" after months of selling that followed a major flash crash last October, when a record $19 billion was liquidated. The rally came as traders assessed July Federal Open Market Committee minutes, which showed most officials favored holding rates steady while several supported a hike. Whether crypto has truly recovered will depend on a sustained rally in the coming weeks and months.