Why Shiba Inu And Dogecoin Prices Are Falling Today

Dogecoin and Shiba Inu values fell by 2% and 4% today, according to CoinMarketCap. This dip is due to sluggish Bitcoin price activity and macroeconomic variables. Shiba Inu and Dogecoin have a good price link with Bitcoin.

When Bitcoin is bearish, Dogecoin and Shiba Inu prices fall. The legendary analyst Peter Brandt anticipated a Bitcoin fall of $78,000. coin expert Rekt Capital said the flagship coin may tumble below $90,000 if it loses $94,250.

Bitcoin is vulnerable to additional losses below $94,250. This has caused crypto market sell-offs, lowering Dogecoin and Shiba Inu values. If the flagship crypto drops below $90,000, the top meme currencies may see more price decreases.

Dogecoin and Shiba Inu prices have fallen due to market uncertainty. According to market expert The Kobeissi Letter, 2025 will see new economic policies, tariffs, and growing inflation. Accordingly, the market pundit forecasts stagflation for next year.

As Fed Chair Jerome Powell hinted at lesser interest rate decreases in 2025, the Federal Reserve's position remains unclear. Since Dogecoin and Shiba Inu are risky, investors are wary.

Some DOGE Pros

Dogecoin pricing optimism came from crypto expert Kevin Capital. He called the DOGE/BTC chart fascinating in an X post. The expert said Dogecoin just tested the macro golden pocket with a significant demand wick. The expert also noted that the leading meme currency held the 100 Exponential Moving Average (EMA) daily, which is positive.

Kevin Capital said the daily Moving Average

Dogecoin may outperform Bitcoin in the near future if Convergence/Divergence (MACD) crosses to the upside.

This year, Dogecoin has impressed versus the major currency. DOGE trounced BTC in 2024 with a 245% YTD return.

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