<ul><li>The prices of Dogecoin and Shiba Inu have crashed over 5% in the last 24 hours due to Jerome Powell's bearish remarks on crypto assets.</li><li>Powell's speech suggested a hawkish stance by the Federal Reserve, causing investors to be skeptical about investing in these risk assets.</li><li>Technical indicators for Dogecoin are bearish, and Powell's comments on the Strategic Bitcoin Reserve further contributed to the price declines.</li><li>While short-term downside is expected for Dogecoin, analysts believe that the dip will be bought and the coins will regain bullish momentum.</li></ul>

Here’s Why The Dogecoin And Shiba Inu Prices Crashed Violently

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