Bitcoin News: DOGE Plummets by 10%, Hits Lowest Point Since October

Dogecoin and Litecoin both fell to multi-month lows during Friday’s session, as cryptocurrency prices plunged. The global crypto market cap fell by nearly 9%, potentially triggered by yesterday’s liquidation of Silvergate bank. Dogecoin experienced a 12.69% decline, falling to its lowest point since October 26, while Litecoin fell by as much as 17% to trade at its weakest level since New Year’s Eve. Both tokens have seen their 14-day relative strength index drop to new lows, tracking at 21.52 and 23.75 respectively. The slump could encourage longer-term investors to buy, however, an immediate rebound is not assured.

Read the complete article

(Visited 4 times, 1 visits today)

About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

You Might Be Interested In


Your email address will not be published. Required fields are marked *

This is default text for notification bar