Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 08
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- Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated
- Jan 08, 2025 at 03:11 pm CoinDesk
- Amidst a surge in U.S. treasury yields, Dogecoin (DOGE) has taken the lead in a downturn among major cryptocurrencies. This decline, triggered by fresh economic data, has also impacted Solana, Cardano, BNB Chain, Ethereum, and Bitcoin. Liquidations of crypto-tracked futures indicate a high level of risk, while U.S. stocks also experienced losses. Market observers view the drop as a temporary setback, citing previous bullish trends and the incoming crypto-friendly U.S. administration. However, QCP Capital warns of continued volatility in January due to structural risks, including the reinstatement of the U.S. Treasury debt ceiling.
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Nov / 25
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- Crypto Liquidations Hit $500M After Bitcoin Drops to $96K
- Nov 25, 2024 at 01:09 pm The Crypto Times
- The cryptocurrency market recently experienced a sharp downturn, resulting in liquidations exceeding $500 million. Over $379 million in long positions and $125.49 million in short positions were liquidated within a 24-hour period, with Bitcoin and Ether accounting for the majority ($121 million). Prominent altcoins like Dogecoin, XRP, and Stellar also faced significant liquidations.
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