Crypto Updates

Dogecoin Eyes New Bull Run Amid High Correlation with Bitcoin

dogecoin bull run

Dogecoin (DOGE) has shown a high correlation with Bitcoin (BTC), maintaining a 0.92 correlation score, meaning its price movements closely follow Bitcoin’s trends, according to data from IntoTheBlock. As Bitcoin’s price climbs, Dogecoin has mirrored its movement—a trend that could spell trouble if Bitcoin’s trajectory reverses. However, this relationship has also been crucial in attracting …

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