Dogecoin (DOGE), the original meme coin and one of the top 10 cryptocurrencies by market cap, saw its price plunge nearly 10% in the last 24 hours amid a broader cryptocurrency market downturn. The decline follows mixed U.S. economic data released earlier on Tuesday, which has created ripples across financial markets.

Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) if dollar inflation is addressed. What Happened: The Tesla and Space X CEO expressed his views on how cryptocurrencies would benefit if inflation and government overspending were curbed “If dollar inflation is solved, the price in dollars to buy cryptocurrency will actually drop, other things being equal,” Musk wrote in an X post.

Elon Musk offered praise for Pierre Poilievre, a Bitcoin advocate and contender for Canadian PM, who wants to cut government spending.

It's a rough day for Dogecoin, but other meme coins like Bonk and AI16Z are faring even worse as the crypto market takes a beating.

The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.

Amid whales embrace, the price of Cardano (ADA) has seen a dramatic slip in the past 24 hours, a shift that comes following the unexpected beating Bitcoin (BTC) in late trading hours. As one of the biggest gainers over the trailing 7-day period, Cardano is maintaining resilience above the $1 price mark.

Leading meme coin Dogecoin (DOGE) has seen a notable price surge over the past week, outperforming its top meme coin rivals. During this period, DOGE has soared by 23%, outpacing Shiba Inu (SHIB), which has risen 14%, and Pepe (PEPE), which has gained 4%.

Amid the ongoing market crash, Cardano (ADA) has turned bearish and is poised to continue its price decline. Today, January 8, 2024, the sentiment across the cryptocurrency market has shifted, as the overall cryptocurrency market dropped by 5.5%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

The Dogecoin price is currently battling to break above the $0.4 price level again, but technical analysis suggests that might not be the only thing that the meme-inspired cryptocurrency is battling. According to technical analysis by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin is currently locked in a battle with a key resistance level defined by the macro 0.5 Fibonacci extension, which could determine whether the price can break through to higher levels above $0.4 or face renewed selling pressure.

Cardano (ADA) price has surged 30% in the last seven days and over 5% in the last 24 hours, with its trading volume reaching $1.5 billion and its market cap approaching $40 billion.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry as crypto exchange Gemini agreed to pay $5 million to settle a case with the CFTC. Plus, Dogecoin futures set a record high in terms of open interest and MARA Holdings is lending out 7,377 BTC to third parties.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading back below $98,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.12 billion -5.8% +12.9% Shiba Inu (CRYPTO: SHIB) $0.00002253 $13.3 billion -7.9% +3.9% Pepe (CRYPTO: PEPE) $0.00001906 $8 billion -9.8% -10.4% Trader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE's daily chart, predicting a potential price correction.

Dogecoin (DOGE), the popular meme cryptocurrency, has experienced an unexpected price drop, shaking up its market position. At press time on January 7, 2025, Dogecoin was trading at $0.3599, after a sharp decrease of 7.79% over within minutes.

Talks about the Dogecoin payments on the X payment have arisen again following recent developments. These developments include a recently leaked code that suggests the X payments launch is imminent.

Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K on Monday.

Sellers are becoming more powerful today, according to CoinStats.

Prominent blockchain tracking platform Whale Alert has spotted an enormous Dogecoin deposit that landed on the world's largest cryptocurrency trading venue Binance.

Cardano price has risen by 31 percent in the last week and Bitcoin's return to six figures amid talk of spot ETF approval has added propulsion

Cardano's native $ADA token may be eyeing a breakout to over $3 soon, if some technical indicators are anything to go by. Cardano rose 5% in the last 24 hours and about 33% over the last seven days to trade at $1.13 as of this writing.

A top analyst recently predicted Dogecoin price's likely rally to $5 ahead, with soaring global interest towards the digital assets space. On the other hand, the recent comment from Y Combinator CEO Garry Tan has further fueled speculations.

At the beginning of 2025, Cardano (ADA) is attracting the attention of investors due to a bullish sentiment and increased network activity. Discover how these factors could propel the price of ADA to new highs and what this means for crypto traders and investors.

A savvy trader has capitulated on the booming AI agent coin vertical, pocketing an eight figure sum by identifying trending coins early. What Happened: Lookonchain data highlighted the trader's details, who achieved a stunning 89.07%-win rate in the past 30 days.

Cardano (ADA) has positioned itself as the top performer in the broader crypto market recovery, far outpacing major players like Bitcoin (BTC) and Ethereum (ETH).

It does not appear to be a flash in the pan for Ripple (XRP) or Cardano (ADA), as these ‘dino-coins' approach breakout levels that can take them to even greater highs.

Dogecoin has captured the spotlight once again, as major investors, known as whales, have intensified their buying activity, acquiring a staggering 140 million DOGE tokens within 24 hours.

Dogecoin experiences strong price momentum with whale activity and futures markets setting new records, while testing key resistance at $0.41 amid broader crypto market recovery and historical January strength.

As Dogecoin nears the $0.40 mark for a breakout rally, bulls are anticipating an extended run to the $1 pipe dream. Will Dogecoin manage to achieve this target in 2025?

Elon Musk has said that if his Doge department is successful in combating inflation, it could drive down the price of bitcoin, dogecoin and other major cryptocurrencies.

Cardano's price has surged 30% in early 2025, breaking key technical levels amid positive market sentiment, upcoming Bitcoin DeFi integration, and potential regulatory shifts under the new administration, though on-chain metrics show room for adoption growth.

Crypto market recovery shows strong momentum today, with Bitcoin surpassing $102K, fueling bullish sentiment across the market. Most of top altcoins struggles to sustain upward trends, reflecting mixed performance.

Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization.

Cardano (ADA) has recently been the focus of growing market optimism, with technical patterns and rising network engagement signaling potential for significant price action. As of now, ADA is trading at $1.08, a modest 0.51% dip over the past 24 hours.

Bitcoin bounced back above $100K, which was expected to circulate bullish waves across the markets. While the other tokens failed to keep up the momentum, Dogecoin is trying hard to maintain a decent ascending trend. The price has been trying hard to rise above $0.4 since the beginning of 2025.

Cardano price started a fresh surge above the $1.00 zone. ADA is consolidating and might aim for a fresh increase above the $1.1150 level.

Dogecoin's price rallies 18%, driven by a 400% spike in whale transactions and strong market optimism.

XRP and Dogecoin (DOGE) are among the most discussed assets for their potential explosive growth in 2025. Both coins have seen notable surges recently, and experts are now predicting that the best may still be ahead for these digital assets.

Dogecoin has made some notable recovery during the past week, but social media users have remained bearish. Here's why this could be good for the rally.

Dogecoin has emerged from a recent period of consolidation and achieved a noteworthy price breakout, reaching $0.38. Although there are a few subtleties that could dampen the excitement surrounding this development, this move above the 50-day EMA suggests a possible change in momentum.

The Cardano (ADA) price looks poised to pump back to its December highs in the low $1.30s, with chart analysis painting a bullish picture for ADA's near-term outlook. The post Cardano Price to $7.80? Here's How High ADA Could Pump in 2025 appeared first on Cryptonews.

Dogecoin (DOGE) has experienced a noteworthy surge in early 2025, capturing the attention of both seasoned investors and newcomers alike. Over the past week, the price of Dogecoin has climbed by an impressive 23.31%, prompting discussions about its future potential.

Michael McGlone, a chief commodity strategist at Bloomberg Intelligence, has noted increased risks in the crypto market. In his recent statement, McGlone noted that there were “2.4 million so-called cryptocurrencies” in the market, referring to them as “Bitcoin wannabes.

BONK, the popular Solana-based meme coin, is poised for a massive rally as its price action, recent market sentiment, and continuous token accumulation support its bullish outlook. As of today, January 7, 2024, BONK, with all this bullish momentum, has outperformed major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and others.

Bitcoin (BTC 3.00%) is climbing again on Monday after MicroStrategy continued its massive buying spree. This time, the company announced another 1,070 Bitcoin acquired over the past week and said it will be raising another $2 billion to buy even more.

Dogecoin (DOGE) is back in the spotlight as leaked code from X (formerly known as Twitter) hints at the imminent launch of its much-anticipated payment system, X Payments.

Dogecoin investors famously clamored for the largest and oldest meme cryptocurrency to skyrocket to a dollar back when it soared in 2021, but bears stopped DOGE's rally dead in its tracks. The canine-themed crypto ended up topping out at just around $0.73 before plunging.

Cardano (ADA) price is showing strong signs of a potential breakout as it consolidates near $1.10, sparking optimism among traders. Ali Charts, a cryptocurrency analyst, has highlighted a bullish pennant formation on ADA's price chart, suggesting an upward move could be on the horizon.