The crypto markets have seen intense volatility since Bitcoin broke through the $100,000 mark for the first time on December 4, with multiple plunges that have sent shockwaves that sank other assets—and piled up liquidations in the process.
But while Bitcoin has mostly rebounded from the sizable dips, Dogecoin has lost considerable steam over the last week since popping to a high of $0.48 for the first time since 2021.
At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%.
That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacing Cardano with a 13% dip during that span, and Solana with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995.
Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week.
Bitcoin Bull MicroStrategy Joins Nasdaq 100
MicroStrategy officially joined the Nasdaq 100 on Friday, cementing its place among an elite group of companies. Nasdaq announced the listing in a press release detailing the annual changes to the Nasdaq-100 index. MicroStrategy's MSTR stock rose on news of the listing in after-hours trading 0.57% and is currently trading at $411.00, starting the day at $400.07, according to MarketWatch. For Bitcoin enthusiasts, this milestone is a moment of vindication, showcasing how far the cryptocurrency ind...
Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%.
Overall, the crypto market has fallen by 3% over the last 24 hours, per data from CoinGecko.
