BTC Jumps Above $71K, DOGE Leads Market Rise

DOGE futures interest is approaching record levelsthanks to growing confidence that Donald Trump will win next week’s presidential election. Traders view DOGE as an election play thanks to Elon Musk’s endorsement of the Republican nominee, and by extension, the possibility that Musk is running a “Department of Government Efficiency,” abbreviated as DOGE DOGE-denominated futures are up 33% since Sunday to $8 billion tokens from the European morning hours on Tuesday. “Elon remembers the idea of ​​a ‘Department of Government Efficiency’ as a reality and is able to tie it to DOGE somehow,” the influential X account @theunipcs told CoinDesk. A Trump victory next week would bring “an even more parabolic move in dogecoin,” @theunipcs added.