The broader cryptocurrency market is down $2.45 trillion on Thursday, from $2.54 trillion the previous day, led by Bitcoin’s (BTC) decline below $73,000.
Dogecoin (DOGE) faces intense selling pressure, extending its decline below $0.1000 at press time on Thursday. Roughly $10 million has been wiped out from DOGE futures over the last 24 hours, reflecting a sell-off wave under broader market pressure.
Bitcoin (BTC) tipped below $75,000 on Wednesday, with onchain data suggesting a market defined by cautious optimism rather than strong bullish conviction, according to a Wednesday report from Glassnode.