Dogecoin

bullish

Bitcoin

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-indicate-rising-prices-for-bitcoin-and-dogecoin/" data-wpel-link="internal">Market Trends Indicate Rising Prices for Bitcoin and Dogecoin</a> 
Currently, Bitcoin is trading at $68,890 after recovering from a dip to $66,835. The price is expected to fluctuate further as the announcement of the new U.S. president approaches, potentially increasing market activity. Meanwhile, Dogecoin has risen by 9%. Experts are making predictions regarding market movements. 
<h2 style="text-align: justify" id="bitcoin-and-previous-elections">Bitcoin and Previous Elections</h2> 
In the 2012 U.S. elections, Bitcoin was priced at $11.81. By the 2016 elections, the price had surged to $719. During the previous elections in 2020, Bitcoin reached $14,902, and it is currently at $68,000. This trend indicates a consistent price increase with each election cycle. 
<h2 style="text-align: justify" id="dogecoin-and-rune-coin-analysis">Dogecoin and RUNE Coin Analysis</h2> 
At the time of writing, Dogecoin has emerged as the top-gaining <a href="https://en.coin-turk.com/arbitrums-impressive-58-surge-and-analyst-predictions-for-2-milestone/" data-wpel-link="internal">altcoin</a> in terms of market capitalization. Its price has significantly increased, reaching $0.171, primarily influenced by Trump’s potential victory. This price surge may also reflect liquidity preparation in case of a Trump loss. 
Despite the uncertainty, if Trump wins, the spotlight may return to Elon Musk’s D.O.G.E proposal, leading to further price increases. 
Similarly, <a href="https://en.coin-turk.com/shibarium-enhances-bone-transfer-speed/" data-wpel-link="internal">SHIB</a> has also shown upward movement among altcoins. In today’s analysis, Daan Crypto Trades remarked that Dogecoin (<a href="https://en.coin-turk.com/experts-analyze-current-trends-in-dogecoin-bitcoin-and-ether/" data-wpel-link="internal">DOGE</a>) has reached a critical support level, indicating it could be one of the most affected coins by the election results. The analyst remains bullish but inactive in trading. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403810 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/analist-doge-yorumu.jpg" alt="" width="1200" height="706"> 
According to the analyst’s chart, sustained movement above $0.1 could lead to further gains, with expectations of a rally to $0.23 if prices close above $0.18. 
Leevis has also shared insights on RUNE Coin, noting that the previous support levels have held firm. If RUNE Coin repeats its earlier performance, it could target $5.8 and above. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-403811 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/rune-coin-yeni-analist-yorumu.png" alt="" width="1488" height="931"> 
The post <a href="https://en.coin-turk.com/market-trends-indicate-rising-prices-for-bitcoin-and-dogecoin/" data-wpel-link="internal">Market Trends Indicate Rising Prices for Bitcoin and Dogecoin</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Trends Indicate Rising Prices for Bitcoin and Dogecoin

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