On Wednesday, markets started to slide in early Asian hours amid profit-taking from last week’s rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week, as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing.

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• Source: https://www.coindesk.com/markets/2024/03/21/dogecoin-climbs-18-on-doge-futures-hopes-bitcoin-nears-68k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines