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Benzinga

Dogecoin Surges as White House Crypto Summit Fuels Crypto Sector Rally

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Dogecoin Surges as White House Crypto Summit Fuels Crypto Sector Rally
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Dogecoin is surging Thursday afternoon as crypto sentiment lifts across the broader digital-asset market. The catalyst identified is a White House crypto summit hosted Wednesday by President Donald Trump, where he renewed calls for federal regulatory reform and support for the CLARITY Act. That renewed push helped push Bitcoin above $72,000 and, according to the report, sparked a rally across major altcoins. Dogecoin’s move is also attributed to a rise in trader positioning early Thursday, with crypto analytics firm Coinglass data showing perpetual futures open interest climbing to 17.2 billion DOGE. Dogecoin co-founder Billy Markus highlighted the broad “green recovery” on social media after the summit, while DOGE was up about 14.39% to $0.08.

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