Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) fell Wednesday after President Donald Trump’s tariff shock, extending its weekly losses to over 16%.
What Happened: The world’s largest meme reversed from the highs of $0.1787 to the mid-$0.1600 region as the new reciprocal tariff structure exceeded Wall Street’s worst-case expectations, sending stocks and cryptocurrencies tumbling.
DOGE has made a sharp U-turn since hitting $0.20 last week, losing more than 16% along the way. The price decline dampened speculative interest in the coin, causing the Open Interest in DOGE futures to fall 24% over the week, …
