Walrus blob · mainnet
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56.5 0 102.4 45.9 102.4 102.4V464zM224 256c70.7 0 128-57.3 128-128S294.7 0 224 0 96 57.3 96 128s57.3 128 128 128zm0-224c52.9 0 96 43.1 96 96s-43.1 96-96 96-96-43.1-96-96 43.1-96 96-96z"/></svg></a></div></div><div class="jsx-2033244292"><div style="margin-top:56px;max-width:800px;position:relative;z-index:1"><div style="position:absolute;width:100%;height:100%;z-index:-1;top:0;left:0"><div style="position:relative;align-self:center;height:100%;width:100%;display:flex;flex-direction:row;align-items:flex-start;justify-content:flex-start;border-left:1px solid rgba(0, 0, 0, 0.04);z-index:0"><div style="width:33.333333%;height:100%;border-right:1px solid rgba(0, 0, 0, 0.04)"></div><div style="width:33.333333%;height:100%;border-right:1px solid rgba(0, 0, 0, 0.04)"></div><div style="width:33.333333%;height:100%;border-right:1px solid rgba(0, 0, 0, 0.04)"></div></div></div><div style="margin:0px 20px;padding:30px 0px;border-left:1px solid rgba(0, 0, 0, 0.04);border-right:1px solid rgba(0, 0, 0, 0.04)"><h1 class="title" style="margin:0">Dogecoin Spikes 11% as Bitcoin and XRP Bounce Back After Dive</h1><h2 style="margin-top:0.5em;margin-bottom:1em">Dogecoin, XRP, and Bitcoin have not only rebounded from Monday's plunge but are actually flying higher on Tuesday.</h2><div style="display:flex;flex-direction:row;align-items:center;justify-content:space-between"><p style="font-size:14px;margin:5px 0px">By <span><a href="/author/andrew-hayward"><span class="sc-adb616fe-0 bJsyml">Andrew Hayward</span></a></span></p><div style="display:flex;flex-direction:row;align-items:center"><p style="font-size:14px;margin:5px 0px">2 min read</p><div style="height:4px;width:4px;background-color:#333;border-radius:50%;margin:0 11px"></div><p style="font-size:14px;margin:5px 0px"><span class="whitespace-nowrap"><time datetime="2025-01-14T18:06:10Z">Jan 14, 2025</time><time hidden datetime="2025-01-14T18:06:10Z" style="display:none">Jan 14, 2025</time></span></p></div></div><div style="position:relative;padding-top:56.25%;width:100%;margin:30px 0px"><amp-img style="border-radius:3px" class="cover i-amphtml-layout-fill i-amphtml-layout-size-defined" src="https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2021/06/dogecoin-price-market-up-gID_7.jpeg" layout="fill" i-amphtml-layout="fill"></amp-img></div><div style="display:flex;align-items:center;justify-content:center"><amp-ad width="320" height="50" type="doubleclick" data-slot="/22724166089/decrypt_amp_articles_inline" json="{"targeting":{"pubg_did":["2k/utr-cnd"]}}" rtc-config="{"vendors": { "aps": {"PUB_ID": "600", "PUB_UUID": "1ce5cb1e-d0d8-4aca-84a6-5a0f9f8af593", "PARAMS":{"amp":"1"}} }}" class="i-amphtml-layout-fixed i-amphtml-layout-size-defined" style="width:320px;height:50px;" i-amphtml-layout="fixed"></amp-ad></div><div style="word-break:break-word"><p>What went down on Monday is flying high again on Tuesday—including <a href="https://decrypt.co/resources/dogecoin-crypto-cryptocurrency-guide-how-to-buy-doge" target="_blank" class="sc-adb616fe-0 bJsyml">Dogecoin</a>, <a href="https://decrypt.co/resources/what-is-bitcoin-four-minute-instant-guide-explainer" target="_blank" class="sc-adb616fe-0 bJsyml">Bitcoin</a>, and <a href="https://decrypt.co/resources/ripple" target="_blank" class="sc-adb616fe-0 bJsyml">XRP</a>.</p>
<p>After <a href="https://decrypt.co/300645/dogecoin-down-meme-coins-bleeding-even-harder" target="_blank" class="sc-adb616fe-0 bJsyml">plunging Monday</a> amid fears that <a href="https://decrypt.co/300628/bitcoin-lowest-price-november-dogecoin-xrp-solana-fall" target="_blank" class="sc-adb616fe-0 bJsyml">interest rates will remain high</a> in 2025, Dogecoin has spiked by nearly 11% so far Tuesday, reclaiming all of its lost ground while surging higher.</p>
<p>At a current price of $0.357, DOGE is sitting at a nearly seven-day high, almost matching the price point from this time last Tuesday. But after torrid gains in December, Dogecoin remains down 12% over the last 30 days.</p>
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<p>XRP is another major coin that completed the same kind of arc over the last day-plus, not only rebounding but flying even higher on Tuesday. As of this writing, XRP is priced at $2.66—the highest mark seen so far in 2025, and not far from the seven-year high price of $2.82 hit in December. It's up nearly 9% on the day.</p>
<p>The Ripple-linked asset may be soaring again amid <a href="https://decrypt.co/300724/xrp-demand-etf-optimism-ethereum-funds-bleed" target="_blank" class="sc-adb616fe-0 bJsyml">growing optimism over potential XRP ETF approvals</a>, not to mention growing connections between Ripple and the incoming administration as CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty <a href="https://decrypt.co/300225/ripple-ceo-meets-trump-xrp-etfs" target="_blank" class="sc-adb616fe-0 bJsyml">met with President-elect Donald Trump</a> last week.</p>
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<p>Bitcoin itself has also fully recovered since Monday morning's dive, currently sitting at a price of $96,475 and up nearly 5% on the day. <a href="https://decrypt.co/resources/what-is-ethereum-quickly-explained-four-minute-guide" target="_blank" class="sc-adb616fe-0 bJsyml">Ethereum</a>, meanwhile, is up 6% with <a href="https://decrypt.co/resources/what-is-solana-a-scalable-decentralized-network-for-dapps" target="_blank" class="sc-adb616fe-0 bJsyml">Solana</a> showing a more than 5% jump on the day.</p>
<p>More than $300 million worth of futures bets have been liquidated over the past 24 hours, per data from <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 bJsyml">CoinGlass</a>—and in a reversal from Monday, most of those liquidated positions were shorts ($221 million).</p></div><div style="margin:35px 0px 65px 0px;display:flex;justify-content:center" class="jsx-2189855109"><amp-social-share type="twitter" width="25" height="25" data-param-text="Dogecoin Spikes 11% as Bitcoin and XRP Bounce Back After Dive" data-param-url="https://decrypt.co/300953/dogecoin-surges-bitcoin-xrp-bounce-back" class="jsx-2189855109 i-amphtml-layout-fixed i-amphtml-layout-size-defined" style="width:25px;height:25px;" i-amphtml-layout="fixed"></amp-social-share><amp-social-share type="linkedin" width="25" height="25" data-param-text="Dogecoin Spikes 11% as Bitcoin and XRP Bounce Back After Dive" data-param-url="https://decrypt.co/300953/dogecoin-surges-bitcoin-xrp-bounce-back" class="jsx-2189855109 i-amphtml-layout-fixed i-amphtml-layout-size-defined" style="width:25px;height:25px;" i-amphtml-layout="fixed"></amp-social-share><amp-social-share type="email" width="25" height="25" data-param-text="Dogecoin Spikes 11% as Bitcoin and XRP Bounce Back After Dive" data-param-url="https://decrypt.co/300953/dogecoin-surges-bitcoin-xrp-bounce-back" class="jsx-2189855109 i-amphtml-layout-fixed i-amphtml-layout-size-defined" style="width:25px;height:25px;" i-amphtml-layout="fixed"></amp-social-share><amp-social-share type="facebook" width="25" height="25" data-param-quote="Dogecoin Spikes 11% as Bitcoin and XRP Bounce Back After Dive" data-param-href="https://decrypt.co/300953/dogecoin-surges-bitcoin-xrp-bounce-back" data-param-app_id="2690153581043547" class="jsx-2189855109 i-amphtml-layout-fixed i-amphtml-layout-size-defined" style="width:25px;height:25px;" i-amphtml-layout="fixed"></amp-social-share></div><h3 style="margin:2em 0 0;font-size:1.2em;color:#333">Get crypto news straight to your inbox--</h3><h3 style="font-size:1.2em;margin-top:10px;color:#333">sign up for the Decrypt Daily below. (It’s free).</h3><div style="display:flex;flex-direction:row;justify-cOn-chain registration not yet visible.
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