BitcoinWarrior

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What’s Going On With Dogecoin?

Published by
Benzinga

Dogecoin (CRYPTO: DOGE) is trading higher by 16.3% to $0.091-level over the trailing week. Several altcoins have been volatile amid recent, broader strength in cryptocurrencies. Bitcoin surged past $40,000 after MicroStrategy bought 16,130 Bitcoins for $608 million, averaging $36,785 per coin. This significant acquisition bolstered Bitcoin’s value and investor confidence, lifting several altcoins, including Dogecoin. MicroStrategy now holds 174,530 Bitcoins, averaging $30,252 per coin. The SEC also initiated a public forum for comments on a proposed rule change, potentially enabling Fidelity t…

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