Dogecoin (DOGE) continues its rise along with the overall recovery of the crypto market. One of the key factors behind this recovery is the increasing likelihood of interest rates being cut in September.

DOGE price increased by 5.75% in the last 24 hours to $0.13, the highest level in the last month. This rise began after a report of lower-than-expected job growth in the US increased the likelihood of a rate cut to 94%.

Additionally, Donald Trump's adoption of crypto-friendly policies and the possibility of him winning in the upcoming elections have increased market enthusiasm. Trump's speech at the Bitcoin 2024 conference may give clues about crypto regulations.

What do you think about this increase in DOGE price? We are waiting your comments!