Dogecoin Rises on twitter x.com Rebrand, Bitcoin (BTC) Falls

Bitcoin fell as low as $29,000 earlier this week, while Dogecoin is up 2.4% in the last 24 hours. One of the biggest news events that could have affected the market is the recent rebranding of Twitter to X.com. Dogecoin (DOGE) supporters are closely watching what Elon Musk is doing with the social network.
Dogecoin Rises on Twitter’s X.com Rebrand, Bitcoin (BTC) Falls

According to CoinGecko, Bitcoin has experienced losses of 2.9% in the last 24 hours. Most virtual currencies are currently trading in the red, with the biggest losses being experienced by Solana (SOL) (-6.9%), followed by XRP (-6.1%) and Cardano (ADA) (-4.2%).

Dogecoin is the only virtual currency in the top ten that is recording gains. In the last 24 hours, this digital asset is up 3.1%, with Twitter rebranded as X.com. Dogecoin was often affected by what Elon Musk, the CEO of Tesla, did.

There is currently no clear information on where the market will move during the week. However, there are a few things that investors need to keep in mind. One of them is related to the upcoming Litecoin (LTC) halving.