What Happened In Crypto Today? 4 Trending News You Must Know

By Coin_Gabbar
16 days ago
DOGE BTG MSTR FARTCOIN

It's been a really big day for the crypto world, with all kinds of important news flying around. Among these are new token listings, price moves, and most importantly, Elon Musk's exit from D.O.G.E within the span of just twenty-four hours.

Here are four quick news bites you should know. So, without wasting any time, let's dive into what's hot in the market today!

Peter Schiff: Gold Shines Bright, Bitcoin Still in the Shadows

Gold has hit a new record of $3,500 as people rush to safer crypto investments. Peter Schiff, a big fan of gold and critic of Bitcoin, says prices could rise more if the U.S. cuts interest rates.

With the dollar at its lowest in 3 years and worries about inflation and trade tensions, investors are turning to gold. While $BTC is also moving up, many are still unsure about its future compared to gold.

Fartcoin Price Booms as Whales Buy Big and Hype Takes Over!

Fartcoin crypto is rising fast because big investors (called whales) are buying a lot of it, and people online are talking about it non-stop. One whale spent over $3 million to buy 3.36 million tokens at $1.09 each.

Two others also spent more than $1 million. Right now, the price is around $1.01 with an 11.21% daily gain. The market cap has crossed $1.01 billion, and daily trading volume is over $315 million.

MSTR Stock Jumps After $556M Bitcoin Buy, But Risk Still High

According to Roundtable Network, MicroStrategy just spent $556 million to buy more Bitcoin. Now, they own a total of 538,200 BTC. To get this money, they sold 1.755 million of their own company shares (MSTR) between April 14 and 20. Because of this big move, their stock price went up for a while. But some experts still think the price could crash later, so it’s not all safe yet.

$MSTR hit $473.83 before falling to $237.95 during market trouble and Trump’s trade war. Even with strong support for $BTC, fear of another drop still worries investors in today’s shaky market.

Elon Musk May Leave D.O.G.E – Is Dogecoin in Trouble?

Dogecoin crypto is in the spotlight again as Elon Musk might leave his D.O.G.E. (Department of Government Efficiency) role. This has worried many DOGE investors. Musk, who is also the CEO of Tesla and SpaceX, helped bring big attention to Dogecoin.

But now, reports say he plans to step down later this year. This could cause people to panic and sell DOGE, leading to price drops in the short term. However, experts believe the long-term effect might not be that bad. Right now, Dogecoin is trading at $0.1638, rising slightly due to the market’s overall recovery.

Conclusion

Today was a big day in crypto with major updates like Elon Musk’s D.O.G.E. exit, Fart Coins whale rally, MicroStrategy’s huge Bitcoin buy, and gold outperforming Bitcoin.

The overall crypto is growing strong, According to CoinMarketCap, with a market cap of $2.77 trillion and a 24-hour volume of $88.38 billion—up 31.5%. DeFi and stablecoins are also seeing solid activity. With all this momentum, the market looks active and exciting. Let’s watch what tomorrow brings!

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