Bitcoin Price Slightly Rises... Dogecoin Also Increases by Over 10%
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[Asia Economy Reporter Kwon Jae-hee] The price of the cryptocurrency Bitcoin rose slightly. The price of Dogecoin, which had been on a downward trend recently, also increased by more than 10%.
According to CoinMarketCap, a site that aggregates global cryptocurrency price trends, as of 2:50 PM on the 24th (Pacific Time, 6:50 AM on the 25th in Korea), Bitcoin's price was recorded at $50,939.02, up 0.26% compared to 24 hours earlier.
The price of Bitcoin, a representative cryptocurrency, briefly dropped to the $48,000 level on the day but has since shown signs of recovery.
Bitcoin's market capitalization was recorded at approximately $949.2 billion.
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Dogecoin also rose 13.74% compared to 24 hours earlier, reaching a price of $0.2722. Dogecoin, which had been declining over the past few days, fell to $0.1763 around 7 PM on the 22nd but has been gradually recovering since then. Dogecoin's market capitalization also increased to about $34.74 billion.
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