#BTCReserveStrategy DOGE drops by 4%: Market fluctuations caused by the Federal Reserve's interest rate hold!

After the Federal Reserve's decision to maintain the interest rate, the price of DOGE fell by 4% to $0.19. These adjustments reflect the strong impact of the Federal Reserve's policies on the market, especially in high-beta assets (such as DOGE and other meme coins), which have experienced volatility as a result of the reassessment of the macroeconomic environment and the outflow of large amounts of money from meme coins.

The relationship between the Federal Reserve's interest rate decision and the price of DOGE

The decision to keep the interest rate unchanged by the Federal Reserve increased risk-averse sentiments in the market, prompting many to adjust their investment portfolios, particularly towards high-volatility assets like DOGE, which directly led to the outflow of funds from DOGE.

Whale accumulation in the opposite direction during the decline despite falling prices, whales are still showing strong interest. Over the past twenty-four hours, whales have accumulated over 310 million DOGE. Chart analyst Ali Martinez pointed out that this phenomenon indicates that large holders are confident about DOGE's future potential, especially with transfers to cold wallets, demonstrating positive long-term growth prospects.

Meme coin volatility and market impact