It's been a tough couple of days for Top Coin.
Dogecointhe original meme coin and one of the most valuable cryptocurrencies on the market, started the year with a string of successes, jumping from a price of $0.314 to just under $0.40 on January 7. The last two daysmiddle a Broader market declineDOGE shed every bit of those gains.
On Thursday, DOGE fell back to $0.314, falling nearly 21% in about two and a half days. It's up slightly to $0.318 as of this writing, but Dogecoin is still only slightly ahead of where it started this year.
Dogecoin is not the only coin that has fallen rapidly over the past two days. In reality, Bitcoin It fell from a price of over $100,000 on Tuesday to a daily low of $91,250 on Thursday, and has rebounded only slightly to $91,975 as of this writing.
DOGE isn't even the biggest loser in the top 10 cryptocurrencies by market cap over the past week.
That honor goes to Solanawhich fell 11% this week to the current price of $184 - the lowest price so far in 2025. Both Dogecoin and Bitcoin fell approximately 6% during the week, with EthereumIt's down about 8% as of this writing.
Bitcoin and other assets began to decline on Tuesday Due to mixed economic data Concerns that there will be fewer interest rate cuts in 2025, followed by comments from the Fed's meeting on Wednesday indicating concern about... The ability to control inflation in the United States Under the incoming administration of President-elect Donald Trump.
Prices fell on Wednesday, apparently spooking investors who had gained exposure to Bitcoin and Ethereum through ETFs. Show both types of spot ETFs Big flows for WednesdayInvestors withdrew approximately $569 million from Bitcoin ETFs and $159 million from Ethereum funds.
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