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Dogecoin Price Forecast: Dogecoin Price Forecast: DOGE recovers despite shrinking Open Interest
Dogecoin (DOGE) is edging higher, trading above $0.1300 at the time of writing on Friday, reflecting positive sentiment across the cryptocurrency market. The largest meme coin regained momentum following the release of the United States (US) Consumer Price Index (CPI) data on Thursday. According to the Bureau of Labor Statistics (BLS), inflation increased 2.7% annually in November, falling short of analysts’ expectations of 3.1%. The core CPI, which excludes the volatile prices of energy and food, rose 2.6% during the same period. The reading came in below market expectations of 3%. The 6% increase in Dogecoin’s ... (full story)
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