Market

Dogecoin Crashes Following ‘Black Monday’ Sell-Off

Dogecoin (DOGE) is down 19.7% in the last 24 hours, trading at $0.1354, and has lost 19.4% in the past week. Its market cap dropped from $24.67 billion to $19.78 billion.

Haider Jamal
April 8, 2025

DOGE Continues To Struggle

DOGE is feeling the impact of global market instability, with U.S. President Trump’s tariff strategy adding to the pressure. CNBC’s Jim Cramer warned of a potential ‘Black Monday’ sell-off if Trump doesn’t reconsider his policies.

Source: TradingView

Cramer highlighted that retaliatory tariffs, especially from China, are adding to market uncertainty. “We’ll know by the end of Monday,” he said.

Can DOGE Recover?

Dogecoin’s technical outlook looks bleak, having fallen below the $0.15 support. A death cross pattern and bearish signals from RSI and MACD suggest further downside potential. If it doesn’t recover to $0.15 soon, DOGE could test $0.10.

Meanwhile, Bitcoin (BTC) is testing its $75,000 support, Ethereum (ETH) is down 18% to $1,469, and Ripple (XRP) is holding at $1.70. The total crypto market cap has also dropped 12.5%, now sitting at $2.46 trillion.

Join Our FREE Newsletter

Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!

By submitting this form, you are consenting to receive marketing emails from: Crypto Weekly, 36 Blue Jays Way, Toronto, ON, M5V 3T3, http://cryptoweekly.co. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.