Dogecoin Falls 16.8% In One Week: Should You Buy The Dip?
The crypto market has faced a steep correction over the last 24 hours. Most major assets are trading in the red zone today. The global crypto market cap dipped 3.9% in the previous 24 hours to $3.47 trillion. The latest volatility has hit many investors hard. Dogecoin (DOGE) follows the market trend, registering big losses on the daily, weekly, and 14-day charts. The original memecoin is down 7.9% in the daily charts, 16.8% in the weekly charts, and 7.4% on the 14-day charts. DOGE has maintained some gains in the monthly and yearly time frames, rallying 18.4% and 26.8%, respectively. Source: CoinGecko Macroeconomic Factors Bringing Cryptocurrencies Down? Source: BitCoinist The latest market dip comes after a US court blocked President Trump’s proposed tariffs. Investors may be anticipating some market volatility following the court’s decision. Market participants’ confidence may have taken a hit. DOGE and other assets have seen substantial liquidations in the last 24 h...