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June 9, 2025

Dogecoin Faces Resistance as Market Dynamics Shift amid Political Tensions

Dogecoin is currently experiencing a downturn, dropping over 5% in the last week. This decline is influenced by bearish market signals combined with ongoing political tensions. Investors are feeling the impact, with market sentiment leaning towards caution. The potential for recovery seems hindered as traders closely watch the evolving situation. As the discourse surrounding major political figures intensifies, Dogecoin’s performance remains uncertain. The cryptocurrency community is analyzing the factors at play, hoping for a turnaround.

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