Dogecoin (CRYPTO: DOGE) is up Thursday morning as Bitcoin (CRYPTO: BTC) leads a broader crypto rally, continuing a month-long trend of strength across the crypto market. Here’s what investors need to know.

DOGE Surges Amid Broader Crypto Rally

Dogecoin outpaced Bitcoin Thursday morning, jumping 6.35% to $0.089, while Bitcoin rose 5% to above $81,000. The move comes as investors assess shifting expectations for Federal Reserve policy and continued developments around U.S. cryptocurrency regulation.

Investors are closely watching Capitol Hill ahead of a key Senate procedural vote on the CLARITY Act scheduled for Sept. 15. This legislative push coincides with the SEC’s proposed “Regulation Crypto Assets” framework, both of which aim to establish formal, clear guidelines separating securities from commodities in the digital asset space.

Broader market sentiment also improved Thursday after Federal Reserve Governor Christopher Waller indicated he could support holding interest rates steady if inflation continues to cool. The comments contributed to lower Treasury yields and supported risk assets.

For Dogecoin, the move appears largely tied to broader crypto-market momentum rather than a major DOGE-specific catalyst. As one of the market’s most actively traded meme coins, Dogecoin frequently amplifies moves in Bitcoin and overall risk appetite.

Read Also: Bitcoin Hits $80,000, Ethereum, XRP Rally as Fed's Waller Says He's 'Willing to Support' Rate Hold

Image: Shutterstock