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Commodities BRENT WTI BTC BNB DOG DOGE XRP

Dogecoin leads major crypto losses as bitcoin holds $78,000

Dogecoin fell 5% to lead losses among major cryptocurrencies, while BNB dropped about 4% and XRP 3%. Bitcoin held the $78,000 level as oil prices pushed Treasury yields to their highest since late 2023.

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Dogecoin leads major crypto losses as bitcoin holds $78,000
Dogecoin was the weakest performer among major crypto assets, falling 5% as bitcoin continued to hold the $78,000 level, according to CoinDesk. BNB declined about 4%, while XRP was down 3%. The cryptocurrency losses came as oil prices pushed U.S. Treasury yields to their highest levels since late 2023. The broader market move placed pressure on several widely traded digital assets, while bitcoin showed comparatively greater resilience by maintaining the $78,000 threshold. Brent and WTI crude were among the related market assets, alongside bitcoin, BNB, Dogecoin and XRP. The report did not provide additional details on the size or direction of the move in oil prices, nor did it specify a reason for Dogecoin’s underperformance.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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