Dogecoin Community Exploration

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Why Are Bitcoin and Ethereum Prices Falling? Bitcoin Drops Below $100K as Crypto Market Faces $500M Liquidations Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated Bitcoin Plunged Hard Ahead of FOMC Minutes—Why Crypto Market is Down Today? Bitcoin Price Today: What’s Behind the $102K Breakout and Altcoin Bullish Trends? Mike McGlone Warns of Dogecoin’s Risk, Labels Altcoins as Bitcoin Wannabes

Jan / 08
- Why Are Bitcoin and Ethereum Prices Falling?
  
  Jan 08, 2025 at 03:59 pm BH NEWS
  
  Amidst economic concerns, the cryptocurrency market witnessed a substantial decline this week. Bitcoin (BTC) fell 5%, briefly reaching below $100,000, while Ethereum (ETH) plummeted 8.5%, struggling to stay above $3,300. Market optimism stemming from positive economic indicators earlier in the week was reversed by indicators from the United States, triggering a sell-off in both cryptocurrency and traditional markets.
- Bitcoin Drops Below $100K as Crypto Market Faces $500M Liquidations
  
  Jan 08, 2025 at 03:10 pm suncrypto.in
  
  Crypto markets faced a sharp decline, with over $206 million in liquidations within an hour. Bitcoin plummeted by 4% to $97,207, leading to a 4.5% decrease in global crypto market capitalization to $3.44 trillion. Altcoins also experienced significant losses, with Ethereum, Ripple, and Solana dropping over 5% within 24 hours.
- 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.
- Bitcoin Plunged Hard Ahead of FOMC Minutes—Why Crypto Market is Down Today?
  
  Jan 08, 2025 at 01:46 pm CoinPedia News
  
  The cryptocurrency market has experienced a sharp decline, with Bitcoin leading the plunge below its support level, leading to a loss in market capitalization. Ethereum and other altcoins have also suffered significant losses, with global trading volume surging but overall market cap dropping. Key events such as the ADP Nonfarm Employment report and FOMC meeting minutes are expected to influence the market, while liquidations have peaked and Bitcoin faces resistance on both sides. Short positions are being established at strategic levels, suggesting pessimism among traders. Despite the corrections, certain altcoins have shown resilience, hinting at a possible near-term rebound, while Bitcoin's dominance remains stable.

Jan / 07
- Bitcoin Price Today: What’s Behind the $102K Breakout and Altcoin Bullish Trends?
  
  Jan 07, 2025 at 03:19 pm CoinPedia News
  
  Bitcoin surpassed $100k, aligning with the inauguration of a pro-Bitcoin U.S. President-elect. Stablecoin supply increases on exchanges indicate enhanced purchasing power, accompanied by a rise in TOTAL2 and TOTAL3 market caps. Top altcoins exhibit bullish patterns, potentially signaling an impending "Altseason" rally.
- Mike McGlone Warns of Dogecoin’s Risk, Labels Altcoins as Bitcoin Wannabes
  
  Jan 07, 2025 at 05:19 am CFN
  
  Bloomberg Intelligence's Mike McGlone sees parallels between altcoins and the dot-com bubble, emphasizing their lack of unique qualities compared to Bitcoin. He highlights Dogecoin's infinite supply and contrasting it with Bitcoin's fixed supply, positioning Bitcoin as a digital equivalent to precious metals. McGlone notes Bitcoin's stability amidst market turbulence and outperforming altcoins, with experts predicting its potential growth to significant value. He urges caution for investors in speculative altcoins, emphasizing Bitcoin's dominance and competitive advantage as a store of value.

Jan / 06
- Crypto Price Analysis 1-6 Bitcoin: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, INJECTIVE: INJ, BITTENSOR: TAO
  
  Jan 06, 2025 at 06:41 pm Crypto Daily™
  
  Bitcoin (BTC) has seen modest gains after spending the weekend below $98,000. BTC is currently trading around $99,100 as bulls aim to reclaim $100,000, having risen slightly over 1% in the past 24 hours. Despite BTC's positive start, the crypto market remains mixed, with some coins seeing gains and others experiencing losses.
- Dogecoin Co-Founder Proposes National DOGE Reserve Following Bitcoin Reserve Discussions
  
  Jan 06, 2025 at 03:54 pm Crypto News Flash
  
  Dogecoin co-founder Billy Markus proposes establishing a U.S. Dogecoin Strategic Reserve, mirroring traditional currency reserves to enhance economic stability. The idea follows the initiative to create a national Bitcoin reserve, supported in states like Pennsylvania. Markus suggests Dogecoin's inclusion as a strategic reserve asset, citing its significant market capitalization and recent endorsements from Elon Musk.
- Dogecoin Leads Memecoin Rally as Bitcoin Stabilizes
  
  Jan 06, 2025 at 02:19 pm UNLOCK_ENG
  
  The cryptocurrency market exhibits resilience, with Bitcoin (BTC) and Dogecoin (DOGE) leading gains. Bitcoin's recovery signals optimism, while Dogecoin outperforms its memecoin competitors and attracts whale purchases. Institutional engagement with Dogecoin is increasing, suggesting potential integration into decentralized finance protocols. Analysts predict continued growth for both Bitcoin and Dogecoin, reflecting the evolving dynamics of the cryptocurrency market.

Jan / 05
- XRP picks up steam in South Korea, leaving Bitcoin and Dogecoin behind
  
  Jan 05, 2025 at 07:59 pm Cryptopolitan_News
  
  XRP has gained immense popularity in South Korea, surpassing both Bitcoin and Dogecoin in trading volume on major exchanges like Upbit, Bithumb, and Coinone. Factors such as XRP's stable performance, cross-border payment capabilities, and the ongoing legal battle between Ripple and the SEC have fueled its rise. Analysts predict further gains for XRP, with some setting optimistic targets of $8 per unit by the end of the year. However, the outcome of the SEC lawsuit remains a crucial factor in determining XRP's future trajectory.

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