๐๐ผ๐ด๐ฒ๐ฐ๐ผ๐ถ๐ป ๐ฅ๐ถ๐๐ธ๐ ๐๐ฎ๐น๐น๐ถ๐ป๐ด ๐๐ฒ๐น๐ผ๐ $๐ฌ.๐ฎ ๐ฎ๐ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐ถ๐พ๐๐ถ๐ฑ๐ฎ๐๐ถ๐ผ๐ป๐ ๐๐ฟ๐ผ๐๐๐ฒ๐ $๐ณ๐ฑ๐ด๐ ๐จ
Dogecoin Slumps to $0.20 as Crypto Liquidations Exceed $758M
Dogecoin plunged near the $0.20 mark amid a sharp market-wide selloff, as total crypto liquidations surged past $758 million. The downturn followed the Federal Reserveโs decision to hold interest rates steady, alongside renewed strength in the U.S. dollar.
As risk appetite faded, traders rushed to unwind leveraged positions. Dogecoinโone of the hardest-hit meme coin saw 24 hour volatility at 2.8%, with a $29.97B market cap and $2.81B in daily trading volume. Major exchanges faced steep losses as panic swept the digital asset space.