DOGE Dips 2.4% Amid Market Sell-Off as SEC Delays Bitwise ETF Review to June 2025

Dogecoin (DOGE) experienced a 2.40% price decline over the past 24 hours, with the current price at $0.16749 on Binance, attributed primarily to a broader cryptocurrency market sell-off triggered by rising geopolitical tensions, particularly concerns over Iran-Israel escalation. Additional volatility was observed following the U.S. SEC's decision to delay the review of the proposed Bitwise Dogecoin ETF until June 2025, which contributed to uncertainty and speculative trading activity. Despite a recent 25% increase in DOGE transaction volume and strong weekly momentum (+15.6%), the asset remains in a consolidation phase, trading between $0.165 and $0.176 with robust 24-hour trading volume exceeding $1 billion and a market cap near $25 billion.