Crypto Chaos: Dogecoin's Moment and Bitcoin's Future

A Rollercoaster Week for Cryptocurrencies

The crypto world had quite the week. It all started with a Senate bill that could have been a big deal for Dogecoin. The idea was to give Dogecoin the same rules as Bitcoin. This made Dogecoin and Shiba Inu jump up by 5% on Tuesday. But then, the bill hit a snag and didn't go anywhere. This caused a ripple effect, and major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin took a dip.

Bitcoin's Rollercoaster Ride

Bitcoin was doing well, reaching a two-month high of $97,000, but then it dropped. Ethereum wasn't doing much, stuck around $3,300. XRP and Dogecoin also slipped, with Dogecoin falling by 4.23%.

Cathie Wood's Optimism

Even though things looked rough, Cathie Wood, the CEO of ARK Invest, still believes in Bitcoin's future. She thinks Bitcoin will bounce back by 2026, even though it had a 6% drop in 2025. She bases this on gold's performance, which surged by 65% and hit a valuation not seen in 125 years.

Hope for Dogecoin

Despite the downturn, there's hope for Dogecoin. An analyst spotted a bullish pattern, suggesting Dogecoin could see a 30% upside. Even with a 3% drop and trading volume down by 9.60%, there's still potential for growth.

Vitalik Buterin's Vision

Meanwhile, Vitalik Buterin, co-founder of Ethereum, is pushing for quantum-resistant technology to keep Ethereum safe for the long term. He wants Ethereum to be "cryptographically safe" for 100 years.