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Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market

Previously, outsized advisable houses in DOGE have lead the approach for a broader market sell-off.
In the past, outsized gains in DOGE have paved the way for a broader market sell-off.

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Author: Omkar Godbole

Omkar Godbole has recently written 7 articles on similar topics including :
  1. "The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week". (April 26, 2023)
  2. "Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset". (April 7, 2023)
  3. "As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said". (May 17, 2023)
  4. "The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said". (May 31, 2023)
  5. "Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said". (December 14, 2022)
  6. "The estimated ratio indicates how much leverage is used by traders on average, according to CryptoQuant". (April 28, 2023)
  7. "Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields". (February 15, 2023)
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