What's Going On With Dogecoin?

Dogecoin DOGE/USD is trading lower by 1.5% to the $0.079-level Monday afternoon, depsite broader crypto sector strength during the session. Shares of several crypto-related stocks and cryptocurrencies are trading higher after pro-Bitcoin libertarian candidate Javier Milei won Argentina's presidential election.

What Happened?

The cryptocurrency market saw a surge Sunday following news of Javier Milei, a pro-Bitcoin libertarian, being elected as Argentina's new president. Milei strongly opposes the country's central bank, calling it a scam used by politicians to deceive through inflationary tax.

He champions Bitcoin as a means to return money control to the private sector, believing it restores power to its rightful creators...Read More

See Also: Why Crypto-Related Stocks Are Rising Today