Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated

Description

Dogecoin (DOGE) led losses among crypto majors as bitcoin (BTC) slid to nearly $96,000, a dump attributed to fresh economic data that sent U.S. treasury yields soaring. DOGE plunged 10%, with Solana’s SOL, Cardano’s ADA, BNB Chain’s BNB and ether (ETH) down at least 7%. Bitcoin fell 5.5%, while the broad-based CoinDesk 20 (CD20) , a liquid index tracking the largest tokens by market cap, fell 7.1%. Crypto-tracked futures betting on higher prices saw liquidation of $560 million, data shows , sett...