Dogeoin Loses Ground: Reasons Behind its Disconnect from Bitcoin’s Surge

Dogecoin slips: Here’s why it’s not following Bitcoin’s rally

For a considerable period of time, Bitcoin [BTC] and Dogecoin [DOGE] have maintained a close correlation in market trends, typically with Bitcoin taking the lead and impacting the price movements of Dogecoin.

Nonetheless, while Bitcoin has recently seen a substantial surge surpassing the $100,000 threshold, Dogecoin has not managed to keep pace, experiencing a drop below the crucial $0.40 support level.

This emerging disparity between these two highly favored cryptocurrencies poses significant inquiries regarding the future dynamics of their interrelation and whether Dogecoin can recapture its previous upward trajectory.

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