Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Dogecoin Is Skyrocketing Today


Dogecoin (CRYPTO: DOGE) is surging in Friday's trading. The meme coin token's price was up 8% over the previous 24 hours of trading as of 6:40 p.m. ET. At the same point in the day's trading, Bitcoin was down roughly 1.9%, and Ethereum was up approximately 2.5%.

The U.S. House of Representatives voted to approve the Genius Act on Thursday, and the passage of the cryptocurrency bill helped spur big gains for Dogecoin and other crypto tokens. Despite some recent valuation gains, the cryptocurrency token's price is still down roughly 30% year to date.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments