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Bitcoin Price Eyes ATH as Dogecoin (DOGE) Skyrockets 15% Daily: Market Watch

Bitcoin is less than 3% away from a new all-time high, while meme coins such as Dogecoin are popping left and right.  The cryptocurrency market has increased substantially in the past 24 hours, with its total capitalization reaching $2.5 trillion. This comes on the back of gains across the board. Most notably, BTC’s price soared above $71,000 as the bulls are now eyeing a new all-time high. Bitcoin Bulls Eye All-Time High Bitcoin’s price took off throughout the past 24 hours. What is interesting is that during the past day, 12 hourly candles in a row closed in the green, accelerating the cryptocurrency and pushing it a lot closer to its former all-time high. At the time of this writing, BTC is trading above $71,000, a point last seen in June this year. The buyers seem eager to achieve a new high. This move comes just a few days before the upcoming US Presidential elections, which are scheduled for next week, November 5th. Source: TradingView Although both candidates have shown some...

Can DOGE Soar Even Further After Elon Musk’s Latest Dogecoin Interaction?

 A 25% price spike or a surge to a massive bull run: what could be next for DOGE? Dogecoin surpassed $0.14 once again, potentially fueled by Elon Musk’s recent appearance at a Trump rally and his playful nod to the meme coin. Analysts see the potential for more price hikes, with targets up to $0.175 or higher if resistance levels  are broken  to the upside. DOGE on the Run Again The  biggest  meme coin in  terms of  total market capitalization is the best-performing top 10 cryptocurrency today (October 28). It is up 6% daily, currently trading well above $0.14.  DOGE Price, Source: CoinGecko DOGE’s resurgence could be linked to Elon Musk’s latest interaction. Tesla’s CEO participated in Donald Trump’s rally at Madison Square Garden on October 27, urging people to vote for the Republican in the upcoming presidential elections ( scheduled for  November 5). He once again spoke about establishing a potential Department of Government Efficiency (D...