Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Crypto – European Wrap 12 February
Dogecoin Price Prediction: DOGE stabilizes at $0.25 as PEPE, TRUMP near double-digit losses
Dogecoin (DOGE) price holds firmly above the $0.25 level on Wednesday, while on-chain data links DOGE’s resilient performance to institutional interest and long-term investors’ reluctance to sell the token amid Exchange Traded Funds (ETFs) speculations.
Fed Chair Powell holds rates, supports stablecoin rules, opposes debanking
Fed Chair Jerome Powell says there’s no rush to cut interest rates, backs stablecoin regulation, and opposes anti-crypto debanking efforts.
Federal Reserve Chairman Jerome Powell told the Senate Banking Committee that he sees no urgency in cutting interest rates, despite pressure from President Trump over inflation concerns. Powell also voiced support for stablecoin regulation while opposing anti-crypto debanking efforts, signaling a more favorable stance toward digital assets.
Crypto: No growth without fear
The crypto market continues to bump along, pulling back 2.7% to $3.15 trillion after flirting with the $3.3 mark the day before. This week, the market is hovering near the lower boundary of the descending corridor.
Author
FXStreet Team
FXStreet
