Dogecoin Leads Downturn in Major Cryptos Amid Profit-Taking
In the latest trading activity, major cryptocurrencies experienced notable declines, with traders taking profits after a steady increase throughout the week. Dogecoin led the losses among the major assets, showing a decrease of nearly 5%.
As market sentiment shifts, this profit-taking behavior reflects the reactive strategies of traders in response to market trends. The performance of major cryptocurrencies, including Bitcoin, Ethereum, and XRP, has also experienced some fluctuations, emphasizing the volatile nature of the crypto market.