Dogecoin: Analyst Predicts 60% Rally For DOGE
The cryptocurrency market faces another correction, with Bitcoin (BTC) falling below $62,000. The price dip goes against the historical trend of October being a bullish month for the crypto market. Other assets follow BTC’s lead, and the global crypto market cap has fallen 2.7% in the last 24 hours to $2.23 trillion. Dogecoin (DOGE) has also fallen victim to the recent price dip, falling 1.9% in the daily charts and 3.2% over the previous week. Source: CoinGecko Despite the correction, DOGE is still up by 0.9% in the 14-day charts, 5.8% in the monthly charts, and 69.3% since October 2023. Also Read: SEC Files Notice Of Appeal in Ripple XRP Case Why Is The Crypto Market Down Today? The latest price dip could be due to increasing geopolitical tension in the Middle East. Iran launched an attack on Israel, potentially provoking increased conflict in the region. Market participants may be weary about risky investments, leading to an outflow of cryptocurrency capital. Also Read: Solana ...