Trump's Pro-Crypto Comments Boost Dogecoin Price

Dogecoin price rose by 2.14% over the past 24 hours to reach $0.0700, following Bitcoin's gain of 1.56% during the same period.

The move reflects improving market sentiment as traders reacted positively to President Donald Trump's comments on cryptocurrency adoption in the United States.

In an interview with Punchbowl News, Trump renewed his support for digital assets, stating that 'crypto is a big deal' and that it could ease strain on the U.S. dollar.

The president emphasized the increasing use of Bitcoin by consumers, saying more people are making daily payments with Bitcoin rather than using cash all the time.