Will Dogecoin reach $ 1 soon? The price jumps by 7 % while traders weigh the US tariff, federal reserve policy transformations – TradingView News
The cryptocurrency market witnessed a brief mass today (Tuesday), where Dogeco (DOGE) jumped by 7 %, as merchants’ reaction to the possible changes in American trade policy.
Speculation can be that the upcoming definitions could be more moderate than expected at the beginning, as well as the Federal Reserve for Price Discounts in 2025 behind renewed optimism.
This transformation also strengthened memecoins such as PEPE and Floki, while Bitcoin and XRP have seen modest gains. $ Pepe saw a 3 % jump last day. Bitcoin and ETHEREUM are trading at $ 87,000 (representing a 7 % batch last week), while ETHEREM gained approximately 10 % in the same period to circulate at $ 2058.
Dogecoin price, source: coinmarkcap
The encryption markets interact with the policies of the trade war and federal reserve
The feelings of investors improved after reports that the “mutual tariff” proposed by President Donald Trump, which is scheduled to enter April 2, and perhaps more targeted than fear. It also strengthened reports on Trump’s media cooperation with Crypto.com for the market’s investment funds.
Some countries may be exempt, and current metal fees may not worsen. Last week, the Federal Reserve raised inflation expectations, but again confirmed its plan for price discounts in 2025, which enhances confidence in risk assets.
This dual novel for relief to possible tariffs and continuous support sparked a bullish response, especially in the speculative coding sectors.
Dog and other mines have surpassed bitcoin, Solana Sol, and XRP over the past 24 hours, with the M -sector increased by nearly 6 % on average, according to Coingecko data. These assets often move in conjunction with wider encryption trends, but they offer traders ’returns due to their speculative nature. Retail investors tend to treat gatherings in major cryptocurrencies as signals to enter risk trading.
The macroeconomic factor
In addition to the total economic factors, the Dogecoin gathering may be affected by internal developments within its ecological system. The DOGE Council has recently signed a five -year agreement with the DOGECOIN Foundation to enhance DOGE as a central currency of daily transactions.
House of Doge, associated with Dogcoin, launched “The Official Dogco Reserve” with the purchase of 10 million Dogcoin, but there are no doubts of transparency in general. The role of Andrew Diranchisco is unclear outside the Indicar home sponsored by his son Devilin. X space in April …
The initiative also created the “Dogecoin Reserve”, and the purchase of 10 million dusks to enhance its credibility. Although this acquisition is relatively small in terms of dollar, it enhances the position of Dogecoin as the pioneering microbe.
Despite her latter gathering, Dog is still much lower than her peak after the $ 0.50 elections, after she lost more than 60 % of her value since then. However, with the improvement of morale in risk origins, the Memecoin sector can continue to attract speculative attention in the short term.
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