Crypto Market Watch: Bitcoin Clings to $29,000, DOGE Up After Elon Musk Rebrands Twitter as X

The valuation of the crypto sector dropped by 1.68 percent in the last 24 hours. Along with Bitcoin and Ether having registered losses, most other altcoins also followed suit and registered dips. Dogecoin, on the other hand, is trading in profits after Elon Musk rebranded Twitter to X and hinted at bringing in DOGE-related services to the platform.