Ethereum and Dogecoin surge, Bitcoin hits three-week high

Bitcoin hit a three-week high of $109,600 on Wednesday, while Ethereum gained nearly 8 percent and Dogecoin gained even more

Cryptocurrencies are strengthening as investors brace for a possible Federal Reserve interest rate cut

Dogecoin, the eighth-largest cryptocurrency, has recovered losses from the past month and is trading at $0.171

Ethereum also rose above $2,590, up nearly 8 percent in 24 hours.

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