#CryptoRegulation Dogecoin ($DOGE) tumbled approximately 2.6%, now trading at $0.2287 after previously surging over 10% earlier this week FXStreet

What's Triggering The Crash?

Market analysts point to several converging factors behind today's massive selloff:

Leveraged Position Liquidations - Cascading margin calls have accelerated the downward momentum

Profit-Taking - After Bitcoin's recent push toward $105,000, major holders appear to be securing gains

Regulatory Concerns - Uncertainty in global markets affecting risk appetite