Shiba Inu faces revival on Bitcoin's nudging as bulls eye erasing one zero Shiba Inu (SHIB) is exhibiting a bullish stance on the market today, riding on the resurgence of the price of Bitcoin (BTC). At the time of writing, data from CoinMarketCap pegs Shiba Inu’s price at $0.000009587 after amassing a 2% valuation jump in the past 24 hours. The renewed price surge has effectively pushed the token’s weekly gains to 7.56%. One major catalyst that has helped revive the price of Shiba Inu is the boom in that of Bitcoin as the top coin recently retested the $50,000 resistance level. As a token with a strong correlation with BTC, Shiba Inu also followed the bullish trend.