Why Polkadot, Solana, and Dogecoin Are Up Big Today?

After a long time Polkadot, Solana, and Dogecoin are up gig today..but whyyyyy??

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The cryptocurrency market is back. On Tuesday, the crypto market saw a massive surge.

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The cryptocurrency market is back. On Tuesday, the crypto market saw a massive surge.

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As of Wednesday morning, bitcoin is up over $1,500 and ether has broken through the $400 barrier for the first time this year.

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Strong earnings reports and a slowing inflation rate are giving investors hope that the Federal Reserve won't keep raising interest rates into 2023.

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Some of the biggest movers were second-tier cryptocurrencies such as Solana (SOL), Dogecoin (DOGE) and Polkadot (DOT).

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So What's Next?

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U.K. lawmakers voted to recognize cryptocurrencies as a regulated financial instrument.

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There are much of crypto is operating in such a legal gray area at the moment in U.K.

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It will take time for more people to be onboarded and companies to develop use cases on the blockchain and cryptocurrency.

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There's still a lot of opportunity ahead, and blockchains like Polkadot and Solana are already leading the way.

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