Dogecoin's price dropped 5.3% to $0.081, its lowest since February, driven by a bearish crypto market and massive liquidations of leveraged long positions totaling $6.4 million. Futures traders panicked, closing positions and pushing net outflows to nearly $59 million, while open interest hit its lowest since March. Despite this, spot market buyers stepped in to accumulate at lower prices, slightly easing pressure. However, with the Relative Strength Index in oversold territory, Dogecoin faces risk of further declines below $0.08 unless futures market stabilizes and buying interest grows.
Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...
Dogecoin's price dropped 4.48% in 24 hours to around $0.086, losing over 25% in the past month and falling below the important $0.10 support level. Analysts note DOGE is testing a descending channel's lower boundary near $0.085, which if held, could ...
Bitcoin fell to around $63,000 as cryptocurrency markets declined sharply, triggered by a $400 billion capital rotation into AI-related investments and over $1.74 billion in liquidations within 24 hours. Data showed nearly 290,000 traders were liquid...
Dogecoin (DOGE) recently fell below the $0.09 price level, a key short-term support zone that has repeatedly attracted price action. Analyst Javon Marks highlighted a historical pattern where DOGE has significantly outperformed in successive altcoin ...
Dogecoin (DOGE) trades near $0.089 with a $15.14B market cap, gaining traction through the Such app beta for merchant payments and official classification as a digital commodity by regulators, enhancing its legitimacy. Meanwhile, Shiba Inu (SHIB) is ...
