Amid easing geopolitical tensions, the cryptocurrency markets are starting to recover. Bitcoin continues to rise, while some altcoins like Doginme and Dogwifhat show signs of decline.
Overall State of the Crypto Market
The digital currency market is hitting the headlines again, as cryptocurrencies are showing growth due to improved geopolitical conditions and ongoing institutional interest. Bitcoin has surpassed $106,000. However, some U.S. states are starting to actively regulate unregistered Bitcoin ATMs, particularly affecting the elderly and cryptocurrency fraud.
State of Doginme
Doginme has decreased by 3.03% to $0.0004967, and its market cap has dropped to $33.58 million. Current trading activity has significantly slowed, leading to a 41.61% drop in trading volume to $2.92 million. The project retains 215,140 holders; however, traders are exercising caution.
State of Dogwifhat
Dogwifhat shows a slight decrease of 0.91%, with its price at $0.8552. The market cap has also dropped by 0.91%, totaling $854.28 million. Despite the decline in trading activity, Dogwifhat remains one of the most actively traded meme coins with strong liquidity.
In current market conditions, both Doginme and Dogwifhat are facing declines, while the overall market shows recovery signs. The future of these cryptocurrencies will depend on further market trends and regulatory actions.
