Dogecoin jumps 6.35% as Bitcoin leads broader crypto rally

  • Dogecoin outpaced Bitcoin during Thursday morning’s broader crypto-market rally.
  • 6.35% lifted Dogecoin to $0.089, while Bitcoin gained 5% above $81,000.
  • The Senate’s CLARITY Act procedural vote is scheduled for Sept. 15.

Dogecoin rose 6.35% to $0.089 on Thursday morning, outpacing Bitcoin, which gained 5% to above $81,000 as the broader crypto market extended a month-long period of strength. The rally came as investors assessed changing expectations for Federal Reserve policy and developments in U.S. cryptocurrency regulation. Market participants are watching Capitol Hill ahead of a Senate procedural vote on the CLARITY Act scheduled for Sept. 15. The legislative effort coincides with the SEC (U.S. securities regulator) proposed "Regulation Crypto Assets" framework, with both initiatives seeking formal guidelines to distinguish securities from commodities in digital assets. Sentiment also improved after Federal Reserve Governor Christopher Waller said he could support keeping interest rates steady if inflation continues to cool. His comments helped lower Treasury yields and support risk assets. Dogecoin's advance appeared driven mainly by broader crypto-market momentum rather than a major DOGE-specific catalyst. As one of the most actively traded meme coins, Dogecoin often magnifies moves in Bitcoin and shifts in overall risk appetite.

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