Bitcoin (BTCUSD) has seen an increase in value despite the stock market dropping. During the afternoon trading session on Tuesday, BTCUSD was seen trending toward the upper end of its multi-day range.

The world’s largest digital currency by market capitalization (BTC/USD) rose by 0.1% At 3:04 p.m., ET, while ethereum (ETH-USD) jumped 2.6% To $1.86K The global crypto market cap grew by 1.3% to $1.19T, according to CoinMarketCap data.

Since mid-March, BTC-USD has been fluctuating between $26.7K and $29K, with some traders anticipating a break in this range, allowing for a new bull run. In late March, Seeking Alpha contributor The Freedonia Cooperative laid out the fundamentals for a strong buy thesis for BTC using technical analysis.

On Monday, dogecoin (DOGEUSD) was the star of the show, spiking as high as 30% after Elon Musk’s Twitter followers noticed the home button had been changed to the Shiba Inu dog logo of the memcoin. At the time of writing, the token was trading at $0.10 and has managed to maintain its gains.

Futures tracking the dogecoin, which was created as a joke, saw higher-than-normal liquidations of around $26M over the past day, according to CoinDesk and data from Coinglass.

The slight decline of BTC in comparison to the stock market had an effect on many crypto-exposed stocks, with Silvergate Capital (SI) down -5.9%, Coinbase Global (COIN), -3.4%, Core Scientific (OTCPK:CORZQ), -3.3%, Greenidge Generation (GREE), -4.8%, and CleanSpark, (CLSK), -2.2% all seeing intraday losses.

CoinShares reported last Wednesday that crypto funds had seen a decrease in trading volume, as well as a low level of inflows.