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Dogecoin price dips amid Bitwise ETF closure and German tax law changes in October

Market News
03 Oct 2026, 00:17 WIB
CryptoTicker
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Bearish
Dogecoin price dips amid Bitwise ETF closure and German tax law changes in October

Dogecoin traded at $0.0914 on October 2, 2026, down 3.4% in 24 hours, impacted by two key events on October 14: the Bitwise Dogecoin ETF will cease trading and sell its holdings in New York, while the German federal cabinet will review a bill ending the one-year tax-free holding period for crypto purchases from 2027. The ETF closure involves a mandatory sale of Dogecoin, potentially affecting market dynamics but unlikely to cause panic due to market size. German tax changes could increase crypto taxes for assets bought after 2026, emphasizing the importance for investors to document purchase dates. These developments mark significant shifts for Dogecoin investors in both the US and Germany.

Dogecoin developments are noted here with Pluang's market snapshot for context. As of Oct 03, 2026 04:01 WIB, among 50 major cryptocurrencies priced on Pluang, 12 rose and 37 fell. Notable movers include VET at Rp150 with a 1-day change of -4.86% and a Pluang order activity of 32% Sell / 68% Buy, ATOM at Rp29,000 down 4.77% with 67% Sell / 33% Buy, and XLM at Rp3,776 down 4.60% with 47% Sell / 53% Buy.

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