Dogecoin Slides Amid Bitcoin Drop as Traders Cut Risk Bets

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Dogecoin dropped sharply as risk appetite weakened after the Fed’s rate decision, dragging DOGE below a key support level at $0.1407 on December 12. The selloff saw a 2.6% single-session decline, with volume spiking 348% amid forced liquidation. Price rebounded to $0.1376, forming a V-shaped reversal. Traders now watch the $0.1372 support level for further clues.
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