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Financemagnates

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Will Dogecoin Reach $1? Crypto Volatility Returns as Bitcoin and Ethereum Slide

  • The cryptocurrency market is facing a tough week, with Dogecoin experiencing an 11% drop in just 24 hours.
  • The sell-off could be attributed to profit-taking and market reaction to a hawkish Federal Reserve stance.
  • Dogecoin's recent decline extends its weekly losses to over 20%.
  • The recent security vulnerability and liquidations across leveraged positions also add to the uncertainty in the market.

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