Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
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

Videos

  • What is Cryptocurrency? | Everything About Cryptocurrencies!

  • How to Buy LTC with Coinbase?

  • The Metaverse to Replace the Real World!

  • Spot Trading vs P2P Trading!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire