The Bitcoin (BTC) exchange rate has remained stable above the $24,000 support as it struggles to recapture $25,000. After several attempts to maintain the bullish momentum, Bitcoin is holding above $24,000.
It is now a fact that more and more people are making profits in cryptocurrency. This applies not only to investors and traders, but also the many people that receive cryptocurrency as payment for their labor.
US Security and Exchange Commission (SEC) Chair, Gary Gensler, recently revealed that the commission is working on a dossier for cryptocurrencies. The main goal of the platform is to unite all US financial regulators in the regulation of cryptocurrencies. The first goal is to reach an agreement with the US Commodity Futures Trading Commission on cryptocurrencies.
Bitcoin (BTC) exchange rate has been trading above $20,000 since June 19. The cryptocurrency's brief rally was staved off by the bears on June 21. The largest cryptocurrency is now forced to trade between $20,060 and $21,500. In short, the BTC price is trading at $20,450 at press time.
Dogecoin (DOGE) exchange rate fell further to the low of $0.05 on June 13. Bears broke below the previous low of $0.06 while bulls bought the dips. After the recent drop on June 13, the bulls stopped the further decline. Last week, the altcoin fluctuated between $0.050 and $0.063.
The meme industry has become widely popular not only in social networks but also in crypto: that’s how Doge and Shiba tokens became viral. But often such coins are useless and have no ecosystem and tech base.