Dogecoin's daily increase reached 8.4%, with a weekly increase of 9.1%, and a month-on-month growth of 30.1%, having cumulatively risen over 120% since August 2024. Despite the overall strength, CoinGecko data shows a slight 1.7% pullback on its 14-day moving average. Next, we analyze whether Dogecoin (DOGE) is expected to break through the $0.50 mark in September 2025 under the possible impact of interest rate cuts.
Is Dogecoin expected to hit $0.50?
The recent rise of Dogecoin (DOGE) is partly due to President Trump's approval for retirement funds to invest in crypto assets, which is seen as another significant breakthrough for the crypto industry. This move reflects the growing interest of institutions and investors in crypto assets. In the future, Dogecoin may even be included in 401(k) retirement accounts, helping the market to experience a positive reversal.
Additionally, the rise of DOGE may benefit from the market's general expectation of an interest rate cut in September. The Federal Reserve decided to maintain interest rates at its last meeting, but Trump has repeatedly called for rate cuts. According to the Chicago Mercantile Exchange (CME) FedWatch tool, the probability of a 25 basis point rate cut is as high as 89.4%. Expectations of rate cuts typically drive up the prices of risk assets, including Dogecoin and other cryptocurrencies.
There is still a risk of the crypto market returning to a bear market, and the global economic situation remains unstable. President Trump's tariff policy, trade conflicts, and sluggish economic growth may pose severe challenges to Dogecoin (DOGE) and the entire crypto sector. Although interest rate cuts may alleviate some of the downward pressure on the market, a true comprehensive bull market may still be a long way off.#ETH突破4000 #美联储比特币储备
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