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The Dog (Bitcoin) price soared 12% in the past 24 hours to trade at $0.004594 as of 4:59 a.m. EST, with trading volume surging 11% to $18.5 billion.
This rise in the DOG price comes as President Donald Trump’s crypto and AI advisor, David Sacks, praised the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.
“July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate,” Sacks said, emphasizing that both bills have complete backing from President Donald Trump.
July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate!
— David Sacks (@davidsacks47) June 26, 2025
Together, the two bills represent a turning point. Industry leaders are calling this a “defining moment” that could make the US a global leader in blockchain and digital finance.
Dog (Bitcoin) Price Eyes 25% Rally As Bullish Momentum Builds
The daily chart for the DOG price is currently displaying a rounded bottom formation, a bullish reversal pattern that suggests a shift from a bearish to a bullish trend.
The pattern began forming after a steady decline and accumulation phase, and the Dog (Bitcoin) price action has recently broken above the neckline near the $0.00418 zone.
That breakout is reinforced by a bullish engulfing move, indicating renewed buying interest. DOG is now testing the resistance area between $0.00479 (23.6% Fibonacci level) and the previous local high around $0.0050, as GeckoTerminal data shows.
Meanwhile, the Relative Strength Index (RSI) is currently at 60.47, indicating bullish momentum without being overbought, suggesting that there is room for further upward movement.
Moreover, the Moving Average Convergence Divergence (MACD) has just completed a bullish crossover, with the blue MACD line rising above the orange signal line and histogram bars turning green, another strong bullish confirmation.
If the price of Dog (Bitcoin) breakout holds, the likely upside target stands near $0.00579, a 25% move from the breakout zone.
However, failure to hold above $0.00418 could lead to a retest of support near $0.00367.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to 99Bitcoins, a popular crypto channel on YouTube with over 723K subscribers, HYPER is one of the best crypto ICOs to buy now.
Bitcoin Hyper Token Presale Rushing Toward The $2 Million Milestone
Bitcoin’s robust security architecture has established it as the gold standard for cryptocurrency. However, transaction speed limitations have restricted its utility in modern decentralized applications.
Enter Bitcoin Hyper, which addresses those scalability challenges through an innovative layer-2 framework that preserves Bitcoin’s fundamental security. The project does this while enabling lightning-fast transaction processing capabilities comparable to those of modern high-performance blockchains, such as Solana.
The project is built on the Solana Virtual Machine (SVM), a functionality that also introduces fast and scalable smart contracts to the Bitcoin ecosystem.
Additionally, the project functions on a decentralized Canonical Bridge, which ensures seamless and secure transfers between Bitcoin’s base layer and BTC Hyper.
Bitcoin Hyper is gaining traction, having raised over $1.67 million in early-stage funding so far.
Apart from scalability, the team has allocated 5% of the total 21 billion HYPER token supply for rewards, offering investors an impressive 466% annual percentage yield (APY) for purchasing and staking the tokens.
Investors interested in participating in the presale can visit the official Bitcoin Hyper Token website to buy HYPER tokens for $0.01205 each using crypto or a bank card.
Buy before the next price increase in about 30 hours.
Visit the Bitcoin Hyper Token website.
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