U.S. markets closed
  • S&P 500

    4,179.76
    +60.55 (+1.47%)
     
  • Dow 30

    34,053.94
    -39.02 (-0.11%)
     
  • Nasdaq

    12,200.82
    +384.50 (+3.25%)
     
  • Russell 2000

    2,001.22
    +40.41 (+2.06%)
     
  • Crude Oil

    75.84
    -0.57 (-0.75%)
     
  • Gold

    1,926.20
    -16.60 (-0.85%)
     
  • Silver

    23.52
    -0.08 (-0.36%)
     
  • EUR/USD

    1.0913
    -0.0080 (-0.73%)
     
  • 10-Yr Bond

    3.3960
    -0.0010 (-0.03%)
     
  • GBP/USD

    1.2230
    -0.0142 (-1.15%)
     
  • USD/JPY

    128.6780
    -0.2470 (-0.19%)
     
  • BTC-USD

    23,725.65
    -3.91 (-0.02%)
     
  • CMC Crypto 200

    541.71
    -3.60 (-0.66%)
     
  • FTSE 100

    7,820.16
    +59.05 (+0.76%)
     
  • Nikkei 225

    27,402.05
    +55.17 (+0.20%)
     

Crypto Crash: Can Dogecoin Reach $1 in 2023?

Crypto Crash: Can Dogecoin Reach $1 in 2023?

The total value of the cryptocurrency market opened at $760 billion in 2021 and soared to an all-time high of $2.9 trillion later that year. Interest rates are rapidly rising, which is damping investors' appetite for risk, and confidence has been eroded by a series of high-profile failures in the industry. Dogecoin (CRYPTO: DOGE) was hot during last year's frenzy, but it has since declined by 86% from its all-time high of $0.74.