In the last few hours, both Bitcoin and Dogecoin have risen to relatively high positions recently. After several rounds of probing, BTC has finally broken through $70,000, reaching its highest price since June 7th. At the same time, BTC’s dominance in the cryptocurrency market has also reached 59.92%. DOGE, which has been fluctuating between $0.08 and $0.12 in the past month, has also finally jumped to a position near $0.169.
It is easy to link the rise of these two cryptocurrencies to the U.S. election and the international situation behind it. Musk, as the top supporter of Trump in the election, his news is almost comparable to the two presidential candidates. In recent days, he has been suspected by NASA of having inappropriate contacts with Russian President Putin, and he has been accused by the state government of making improper campaign actions by randomly giving $1 million rewards to a Trump supporter every day. As the most typical representative of meme coins, DOGE has fully absorbed the public news, especially the entertainment news, bringing the token’s public opinion value.
The rise of BTC is positively correlated with Trump’s support rate, which has now reached 52%. Major institutions have predicted that once Trump wins the election, BTC will quickly exceed $90,000. The total inflow of funds into Bitcoin ETFs is also continuously reaching historical highs.
Currently, due to the rise of Dogecoin, the profitability of Dogecoin miners has returned to the top of the value list, with various models of Dogecoin miners occupying more than half of the top ten positions. BITMARS recommends two very valuable models to you, the ANTMINER L9/L7 is a great miner for mining Dogecoin. The ANTMINER L9 16GH has a machine power of 3500W and is currently mining 160.48278196 Dogecoins per day. The ANTMINER L7 9.5GH has a machine power of 3400W and is currently mining 95.28665179 Dogecoins per day.
Among Bitcoin miners, the ANTMINER S21 series is currently the most efficient BTC ASIC. The ANTMINER S19j xp and ANTMINER M50 are very suitable for miners with cheap electricity to quickly recover costs and safely profit.
Welcome our miner fellows come to consult us about various brands and models of BTC ASIC or DOGE ASIC. Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.
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