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Cryptocurrency News Articles

Dogecoin (DOGE) Price in PKR: Apr 18, 2025

Apr 18, 2025 at 09:11 pm

Cryptocurrency, often just called crypto, like Dogecoin (DOGE), is a type of digital or virtual money that relies on cryptography to keep transactions secure.

Cryptocurrency prices for Monday, 18th April, 2025:

Dogecoin (DOGE) is trading at PKR 43.75 on the open exchange market at 2:10 PM Pakistan Standard Time (PST). This rate has been calculated and compared to yesterday’s closing rate of PKR 43.48 on April 17, 2025.

At 02:10 PM PST on April 18, 2025, Dogecoin’s value is $0.16 in US dollars (USD) on the open market, remaining the same as its closing rate of $0.16 on April 17, 2025.

Note: This data is provided for informational purposes only and is not meant for trading or financial guidance. Always verify prices with your broker before engaging in any transactions or investments. The exchange rate should not be taken as investment advice, and no recommendation is made to buy, sell, or hold any securities or financial products.

What is Dogecoin (DOGE)?

Dogecoin (DOGE) is a cryptocurrency, a digital form of money. It was launched in December 2013 by Jackson Palmer, an Australian software developer, and Billy Markus, a programmer from Portland, Oregon, as a fun idea during a casual chat.

Designed with a Shiba Inu dog logo, Dogecoin was meant to be a lighthearted take on Bitcoin. What began as a joke quickly gained a large and enthusiastic following, with plenty of investors and users now taking it seriously.

input: After a substantial increase on Monday, cryptocurrency prices showed signs of stabilization. However, traders were keeping a close eye on the upcoming release of minutes from the Federal Reserve's last meeting, which could provide further clues about the US central bank's next move on interest rates.

After a 7.3% surge, Bitcoin rose to $71,370.9 by 00:48 ET (04:48 GMT). Meanwhile, Ether touched $5,116.7, showing a 5.8% rise for the day.

Among smaller cryptocurrencies, Solana's token advanced by 9.4%, and Chainlink's token displayed a 6.5% increase.

The cryptocurrency market has experienced a strong rally this year, with Bitcoin more than doubling from its lows in November 2022 and Ether almost tripling. This surge in prices has been attributed to several factors, including reduced inflation in the United States, which could lead to a slower pace of interest rate hikes by the Fed.

"The crypto market is holding up well despite the looming threat of a potential government shutdown and the upcoming release of the Fed minutes, which could influence traders' sentiment towards the next move on interest rates," said IG証券 in a note.

The upcoming release of the Fed minutes will be closely watched by traders and investors to glean insights into the Fed's thinking and provide cues for the next move on interest rates. Any indication of a pause in the cutting cycle could put downward pressure on equities and support cryptocurrency prices.

In other cryptocurrency news, a US judge has ruled that the vast majority of an $8 billion Bitcoin claim against the defunct exchange Mt. Gox can proceed. This decision could have significant implications for the cryptocurrency industry.output: Cryptocurrency prices stabilized on Monday after a substantial increase, but traders remained focused on the upcoming release of minutes from the Federal Reserve's last meeting. These minutes could provide further clues about the US central bank's next move on interest rates.

Bitcoin rose by 0.8% to $71,166.6 by 07:03 ET (11:03 GMT), while Ether showed a 0.4% increase to $5,081.7.

Among smaller cryptocurrencies, Solana's token advanced by 2.4%, and Chainlink's token displayed a 1.4% increase.

The cryptocurrency market has experienced a strong rally this year, with Bitcoin more than doubling from its lows in November 2022 and Ether almost tripling. This surge in prices has been attributed to several factors, including reduced inflation in the United States, which could lead to a slower pace of interest rate hikes by the Fed.

"The crypto market is holding up well despite the looming threat of a potential government shutdown and the upcoming release of the Fed minutes, which could influence traders' sentiment towards the next move on interest rates," said IG証券 in a note.

The upcoming release of the Fed minutes will be closely watched by traders and investors to glean insights into the Fed's thinking and provide cues for the next move on interest rates. Any indication of a pause in the cutting cycle could put downward pressure on equities and support cryptocurrency prices.

In other cryptocurrency news, a US judge has ruled that the vast majority of an

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