Dogecoin loses 8.6 percent in seven days, Bitcoin only 2: why DOGE falls more than four times as hard

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Dogecoin falls to $0.0801 on Thursday and loses 8.6 percent over the week, while Bitcoin gives up only 2.0 percent. What decides is the zone around $0.0789, where the price already stopped on 16 September.Dogecoin trades at $0.0801 on Thursday midday, down 8.6 percent over seven days. Bitcoin gave up 2.0 percent in the same period. That distance is the real finding of the day: Dogecoin is falling more than four times as hard as the market's largest asset, and it is doing so at a point the price already visited four weeks ago. Dogecoin at $0.0801: the numbers at Thursday midday As of 15 October the price stands at $0.080056. Over 24 hours that is 5.0 percent lower, over seven days 8.6 percent, over 30 days 3.0 percent. On a one-year view there is a loss of 61.1 percent. Spot turnover over the past 24 hours is $1.07 billion and market capitalisation $12.52 billion. That is rank twelve in the overall market. All figures come from CoinGecko and were read off at Thursday midday. Coin...