Dogecoin (CRYPTO: DOGE) is surging in Friday’s trading. The meme coin token’s price was up 8% over the previous 24 hours of trading as of 6:40 p.m. ET. At the same point in the day’s trading, Bitcoin was down roughly 1.9%, and Ethereum was up approximately 2.5%.
The U.S. House of Representatives voted to approve the Genius Act on Thursday, and the passage of the cryptocurrency bill helped spur big gains for Dogecoin and other crypto tokens. Despite some recent valuation gains, the cryptocurrency token’s price is still down roughly 30% year to date.
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