Why is Dogecoin (DOGE) Seeing Sharp Losses After Recent Rally?

in hive-160342 •  3 years ago 

DOGEUSD_2021-08-18_11-38-05.png

Dogecoin (DOGE) has turned sharply bearish on Wednesday as profit-taking by investors lead to a downslide in Bitcoin prices, taking the whole crypto market down with them. At the time of writing, DOGE/USD is trading at around $0.302, holding at the key $0.30 mark.

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Why is Dogecoin (DOGE) Seeing Sharp Losses After Recent Rally?

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