# Title: Understanding the Surge in Bitcoin, Ethereum, and Dogecoin Prices Today
## Introduction
Bitcoin, Ethereum, and Dogecoin prices have experienced significant increases today, with Bitcoin reaching a local low of $104,480 and rising by 0.50%. Ethereum and Dogecoin prices have also seen positive movement, up 1.48% and 0.86% respectively. This surge in prices can be attributed to the recent passing of the GENIUS stablecoin act, as well as increased interest from spot investors.
## Reasons Behind the Surge
### GENIUS Stablecoin Act
The bullish momentum in Bitcoin, Ethereum, and Dogecoin prices is primarily due to the successful passage of the GENIUS stablecoin act. The bill, which received a key procedural vote with a 66-32 margin, is now moving towards a full Senate floor vote. This legislation has provided a boost to the cryptocurrency market, driving up prices across the board.
### Increased Spot Investor Activity
Blockchain data indicates that spot investors, including both retail and major US institutions, are actively buying the dips in Bitcoin as it approaches a potential retest of its all-time high. This buying pressure from spot investors has helped propel the prices of Ethereum and Dogecoin as well, contributing to the overall surge in the market.
## Conclusion
The surge in Bitcoin, Ethereum, and Dogecoin prices today can be attributed to a combination of factors, including the successful passage of the GENIUS stablecoin act and increased activity from spot investors. These developments have created a positive outlook for the cryptocurrency market, driving prices higher and generating enthusiasm among investors and traders alike. Stay tuned for further updates on this evolving market trend.
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