In cryptocurrency markets, altcoins like Dogecoin typically follow the price movements of Bitcoin, with Dogecoin showing higher relative volatility; institutional adoption and whale accumulation can provide positive signals, while leverage trading in volatile markets carries significant risk of rapid losses.
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DOGE EMERGENCY X Money & Dogecoin Confirmed Soon! What Elon Isn't Telling UsAjouté :
Hey everyone, this is Daryl from Daily Crypto Trading is coming to you live live from Asia guys. Great time to be live and we going to be talking about what's going on with Bitcoin, what's going on with Dogecoin, and what is the sentiment like, and what's going on with the Clarity Act? Is that advancing? And we're going to be talking about Bitcoin ETFs, Bitcoin inflows and outflows. Also, Dogecoin, what's going on with Dogecoin, and what's going on with Donald Trump and the whole Middle East situation? Is this going to be rectified? And big speculation is happening big speculation is happening that the X money is happening soon and people are still watching and waiting for Elon Musk announcement that proves that that proves beyond the shadow of a doubt that Dogecoin will be used as part of the whole X money thing out there. So, let's dive into the let's dive into it. Let's highlight what's going on with the market right now. So, Bitcoin is at about 73,000 and change.
Not looking not looking too good. We did have that flash crash yesterday where Bitcoin went down to about $2,000 in like seconds. Wiped out a lot of leverage longs out there. The shorts made a lot of money. But, you know, my advice is never never ever freaking leverage trade. If you leverage trade, you're going to get wickedy wick wick out there. I'm out in my garden again, out in the garden. Beautiful day here in Vietnam though.
So, don't leverage trade guys.
Dogecoin right now is sitting around about 10 cents, 10 freaking cents out there.
It was at 11 but it's come down and one of the main reasons that Dogecoin has come down is not because anything Dogecoin related. Remember, Dogecoin is definitely going to be following what Bitcoin is doing. But, if you if you look at the Dogecoin price relative to the Bitcoin price, Dogecoin is still outperforming Bitcoin right now in terms of price volatility. So, that is freaking freaking good.
Good news, uh the Clarity Act uh looks like, you know, it's gone to the Senate and uh it could be it looks like it's moving along and could be happening very very soon. So, that's that's good news, right? That's That's overall That's overall good freaking news out there.
So, that is good. Uh we're seeing that some of the some of the things that's happening to Bitcoin right now, the good news is that uh a lot of institutions are seeing Bitcoin as a mainstream investment now, so that is pretty good.
Uh and why is that Why is that important for Dogecoin? Well, it's important for Dogecoin cuz if the price of Bitcoin goes up, the price of Dogecoin goes up.
So, that's kind of how things work, right? Dogecoin Uh I mean, the whole market is pretty much tied to Bitcoin cuz, you know, Bitcoin uh you know, it's holding over, you know, 55 50 I think the dominance right now for Bitcoin is about 55%. Correct me Correct me if I'm wrong. I didn't check before doing that video. Whoopsie. Uh let me know, but you know, the majority of the uh majority of the market cap of crypto is in Bitcoin. So, that's That's what's going on.
Uh sentiment for Dogecoin is still unchanged. Uh and we did see that last week whales are still buying up Doge. Uh 525 million dollars' worth of Doge was was was bought up by whales. So, they're still buying, right? So, that's That's pretty good news. See my roses?
My roses My roses looking nice, huh? Looking Looking Looking Looking awesomeness awesomeness. What do you think about the OG? Am I getting older? Am I getting younger? Uh please comment. Am I Am I looking like the old old man troll uh sitting under the bridge?
So, whales Whales are still definitely buying the Dogecoin, so that is pretty good. I'm still personally holding a lot of Dogecoin. I still love the Dogecoin out there. Uh let's talk about Donald Trump Middle East crisis. What's going on with that? Uh So, you know, there's some Yeah, peace talks, no peace talks, on off on off.
So, latest news it seemed to be back on.
Looks like a peace deal is about to happen. But it looks like the Trumpster hasn't approved it. So I'm hoping I'm hoping that will happen because if that happens then we'll see the stock market and we'll see the not only the stock market but crypto market pump and that will take those higher and higher. So I think once once we get uh once we get the whole Middle East thing uh finished and we put a period on that, I think we'll see most of the market start to react positively out there.
Keep in mind we're entering uh June soon. So typically June is a lull for stock market and crypto because most people are on vacay and not worrying about their portfolio so much. So I'm going to change my hand because my arm is tired. My freaking arm is tired. I started going to the gym.
Uh so trying to build up the whole muscular musculature there. So that's pretty good out there. But my my muscles are stiff. You know when you when you haven't been to the gym for a while and you start, you know, gymming, I'm becoming a gymmer. Uh your muscles muscles are sore. So and uh also my neck my neck I don't know what happened to my neck. Hey, there's there's a This is a hotel over there by the way in case you're wondering what that is. Five-star hotel right next to where we eat.
So a lot of constructions going on. We got I got construction over here. I got construction over there. People are buying houses. This whole area is developing like crazy. It's like this this this area is like on fire on fire.
So overall crypto's looking pretty good.
Looking looking very very good out there. So uh to the community uh I just want to say much love out there. Thank you for all the support. You know, I've been doing uh I've been doing YouTube now I think over like 4 years. Uh in the beginning with the views were like amazing. Remember during COVID people had nothing to do but watch videos, right? Uh so but you know, the views have been really trending down on my channel a lot but I've seen a lot of crypto channels are also trending down but there's some new channels that are popping up. So I can never figure out the algorithm. If anybody knows how to you know, what's up with the the the YouTube algorithm, let me know. But, I believe and I feel that YouTube they pick winners and losers, you know, so I'm not a loser, but I'm definitely not on the winning side. I'm just kind of like in the mid on the middle. So, you don't make money. I mean, you should not making money on YouTube, you know, with 1,000 2,000 views. I tell you, you're not making money.
You know, 2,000 view video you're lucky if you make like 15 bucks.
I'll be honest with you. So, yeah, it's not like, you know, people are getting rich. Some people are getting rich, but you need to have like tens of thousands of views out there. So, guys, keep the faith. Dogecoin is looking good.
I'm looking pretty good. What do you guys think? Doge G Doge G looking good out there? What do you guys think?
What else we got? We got another rose rose bush over here.
This is This is in front of my house.
Yeah.
This is my my kitchen. I'm working on that. I'm making coffee. I got my coffee on. House looks like a mess. Looks like a a messy wessy mess out there. So, overall, things are looking pretty good out there.
Let's take a Let's take a quick dive into the video. Like This is a chili plant here.
Chili chili plant.
This is I don't know what this is. If anybody knows what this is, comment. I have no idea.
This this this this tree is nice. It's got like these little flower things.
And they smell really good. They do smell good. It's like lavender. Now, this is some kind of This is some kind of lemon.
Lemon lemon out there. And it's got these got these like spikes. Like you get you get hammered with that. You're going to be in a world of hurt, right? You guys see the spike?
That's lemon, but I haven't seen any lemons out there.
I don't know what this is, but it's cute. I love it. It's quick. This is a roses. This This rose bush here is doing really good. Like it's flowering like crazy. We got new flowers happening.
Uh this one I don't know.
It's like sometimes like half dead, sometimes it's not half dead. I have no idea.
And this I have no idea as well.
This is here except that we got some something something over here. I don't know what that is. Anyways guys, I I digress. Let's get back to the realistic Okay. Guys, I'll see you in the next one. Peace out. Much love.
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