The current cryptocurrency market focuses on Bitcoin (BTC) and Dogecoin (DOGE). Bitcoin prices continue to rise, mainly due to the crazy buying of central banks and institutional investors. This buying enthusiasm has driven up Bitcoin prices, which in turn attracted more institutional participation, forming a virtuous circle.

On the other hand, Musk's support has driven the hype of Dogecoin. In addition to the entry of institutional funds, a large number of retail investors have also joined the buying craze. At the same time, the market also has expectations that Dogecoin may be connected to new application scenarios in the future, which will further push its price higher. It is expected that Dogecoin will be able to hit the $1 mark.

In general, Bitcoin and Dogecoin have become the focus of the current cryptocurrency market. The former is favored by institutional funds and its price has risen; the latter has shown a strong upward trend thanks to market enthusiasm and application expectations. Industry insiders believe that these two major cryptocurrencies still have room for further growth in the future.