Bitcoin (BTC) $82,509.67 0.93%
Ethereum (ETH) $2,435.43 1.87%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 106.016056 2.15%
Chainlink (LINK) $12.19 2.70%
Cardano (ADA) $0.22 2.21%
Litecoin (LTC) $60.56 1.61%
Dash (DASH) $49.52 0.39%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.410652 1.97%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 1.37%

Cryptocurrencies: 30264

Markets: 111129

Market Cap: $2,760,656,856,082

24h Vol: $72,124,566,376

Seeking Alpha

2023-01-31 22:24:17

Why did dogecoin's price go up today? Elon Musk, market rally

Why did dogecoin's price go up today? Elon Musk, market rally

Dogecoin ( DOGE-USD ) drove up 9.3% to $0.10 in Tuesday late afternoon trading, the highest level seen since December 2022, just a day after Elon Musk, a longtime supporter of the meme coin, reportedly called for an eventual integration of cryptocurrency capabilities into Twitter's payments system . The upswing extended doge's ( DOGE-USD ) year-to-date rally to +33%, coinciding with a broader risk-on mood across riskier asset classes. Perhaps Tuesday's bullish price action in bitcoin ( BTC-USD ) and other major tokens helped give doge ( DOGE-USD ) a boost. Traders are bracing for the Federal Reserve's first interest-rate decision of 2023 due Wednesday. Take a look at the latest outlook for crypto .

esptco-banner img

Latest News

Stellar unveils mandatory Bell update with quantum security...

2026-10-20 18:40:28
JPMorgan sees bitcoin outperforming most assets by 2027 but...

2026-10-20 18:32:28
$XRP could hit $7–$9 as analyst tracks 77-day fractal pattern$
XRP could hit $7–$9 as analyst tracks 77-day fractal pattern

2026-10-20 18:23:28
Sberbank to offer Bitcoin, Ether, USDT to all retail clients...

2026-10-20 18:16:28
Ripple’s RLUSD stablecoin goes live on Inveo Kripto platform...

2026-10-20 18:04:28
Wintermute sets Bitcoin support at $82,500, warns major vola...

2026-10-20 17:57:28

Videos

What is Bitcoin Mining? Step By Step Process!
Dogecoin: What is Dogecoin? EXPLAINED!
Bitcoin Halving Explained: Why It Is So Important?
Digibyte: What is DGB? EXPLAINED!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire