Crypto Bloodbath: DOGE and ADA Lead Market Rout as Traders Cash Out

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Coindesk

Release Time:

2025-06-05 05:27:52

Profit-Taking Continues in Crypto Market as Dogecoin, Cardano's ADA Lead Majors Slide

Memecoins and altcoins take a beating—because nothing says 'healthy market' like double-digit drops before lunch.

Dogecoin's 20% nosedive proves Elon tweets can't defy gravity forever. Meanwhile, Cardano's 'ETH killer' narrative gets a reality check as ADA underperforms yet again.

Traders flock to stablecoins like rats abandoning ship. Same story, different cycle—Wall Street suits will still call it 'volatility' while pocketing short profits.

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