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DOGE and ADA Plunge 7% as Crypto Markets Choke on Recession Fears

DOGE and ADA Plunge 7% as Crypto Markets Choke on Recession Fears

Coindesk
Author:
Coindesk
Release Time:
2025-06-06 05:46:08
0

DOGE, ADA Nosedive 7% as Crypto Traders Digest ‘Recession’ Sentiment

Crypto traders got a gut punch today as meme favorite DOGE and smart-contract contender Cardano (ADA) both nosedived 7%—another casualty of Wall Street's recession panic.

Blood in the altcoin streets. The selloff hits as traditional markets wobble over inflation data, proving once again that crypto's 'decoupling' fantasy remains just that—a fantasy.

Bonus cynicism: Nothing unites traders like herd mentality—whether they're fleeing to USD or pretending Satoshi invented economics.

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