Dogecoin, Pepe coin, and Shiba Inu Price retreated after Bitcoin slid beneath the $70,000 mark. The wider cryptocurrency market declined 2.53% over 24 hours, reducing total value to $2.33 trillion.
Bitcoin remained under pressure, hovering below the key threshold as bearish sentiment strengthened. The downturn accelerated as forced liquidations hit $90.39 million in Bitcoin positions during the same period.
Dogecoin Price Slips as Bitcoin Falls Below $70K
Dogecoin price fell again on Saturday, reflecting Bitcoin price slide as caution spread across the crypto market. The meme coin lost 2.87% in 24 hours and traded around $0.0904 during the session.
Earlier this week, Dogecoin climbed to $0.104, but the rally quickly faded under renewed selling pressure. The conflict involving the United States, Israel, and Iran added volatility across major digital tokens.
Analysts indicated that Dogecoin had rolled back into its symmetrical triangle following an unsuccessful breakout. That move left price action uncertain, and traders watching for clearer direction ahead.
Can Pepe Coin Price Hold the $0.000003 Amid Growing Bearish Pressure?
As of the reporting, the PEPE coin price traded at $0.00000334 on the 4-hour chart. The token experienced a slight fall of 0.60, indicating the short-term price behavior of weakness.
The MACD line has continued to trade slightly below the signal line, indicating a low level of the momentum strength.
The Relative Strength Index is around 35; this is almost in oversold territory. Should buyers manage to push above $0.00000390, a short-term recovery may take off.
An established breakout above $0.00000450 can give an open potential to rise to $0.00000500. The continued bullishness at that stage may push the targets to $0.00000530 according to the future Pepecoin outlook.
Conversely, failure to defend the $0.000003 support may trigger renewed selling pressure. A decisive breakdown could expose the price to downside targets near $0.00000280.
Shiba Inu Burn Rate Explodes 53,000% Amid Market Bearish
Shiba Inu price slipped 2.05% to $0.00000539 over the past 24 hours amid broader market weakness. The downturn reflects a broader crypto sell-off by Bitcoin due to increasing concerns regarding macroeconomic pressure.
Bitcoin is trading near the point of stabilization above the price of $68,000, and traders will be monitoring this during the following sessions.
In the meantime, SHIB experienced a theatrical increase in its token burn rate within the same timeframe. Statistics indicate that the rate of burn increased by 8428.36%, destroying more than 3,846,802 tokens in a single breath. Analysts eye holding support near $0.00000526 could open the door to $0.00000540 again soon, potentially.