Leading cryptocurrencies lifted on Wednesday, defying the stock market's decline as the Federal Reserve snapped its interest rate-cutting streak. Cryptocurrency Gains +/- Price (Recorded at 8:15 p.m.

In 2013, two friends named Billy Markus and Jackson Palmer felt the cryptocurrency industry was taking itself too seriously. Many enthusiasts were excited by the soaring price of Bitcoin, which went from $20 to $800 that year.

That's not confirmed, but it's the fear of the market today and fear and uncertainty aren't things the market likes. Tech has fueled a lot of the market's gains over the past two years so it's no surprise it will fuel its fall as well.

Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.

Another day, another cryptocurrency rally for investors to talk about. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are among the three megacap crypto tokens on the move higher today.

Dogecoin fell hard on Monday, dropping below $0.31 as Bitcoin, Solana, and other coins echoed the stock market's dive.

Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock exchange.

Bitwise has officially filed an S-1 registration for a spot Dogecoin ETF with the SEC, joining Rex Shares and Osprey Funds in pursuing regulatory approval for cryptocurrency exchange-traded funds.

Bitwise has filed for a Dogecoin ETF, and crypto bettors on Polymarket believe there are now much higher chances a $DOGE ETF will be approved.

Most of the major cryptocurrencies are in the green Friday morning, including Bitcoin and Dogecoin, but Trump's Solana token sits in the red.

If an S-1 form is officially lodged, Bitwise will join Osprey Funds and Rex Shares, who just filed for several cryptocurrency ETFs on Tuesday. Among those are the ones tracking Dogecoin and Official Trump (TRUMP), President Donald Trump’s memecoin.

RexShares and Osprey plan ETFs tied to three popular cryptocurrencies—solana, XRP, and litecoin—and three “memecoins,” or cryptocurrencies that piggyback on memes from popular culture, including doge, Trump, and bonk coins, according to regulatory filings.