The post Dogecoin Derivatives up 29,807%, Yet Bulls Hold Back appeared on BitcoinEthereumNews.com. Dogecoin surged 26,548% in futures volume on BitMEX signalingThe post Dogecoin Derivatives up 29,807%, Yet Bulls Hold Back appeared on BitcoinEthereumNews.com. Dogecoin surged 26,548% in futures volume on BitMEX signaling

Dogecoin Derivatives up 29,807%, Yet Bulls Hold Back

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Dogecoin surged 26,548% in futures volume on BitMEX signaling derivatives market activity, but buyers remain on the sidelines as the Dogecoin price stays in the red.

According to CoinGlass data, Dogecoin futures volume rose on BitMEX crypto exchange to $90.64 million, a 26,548% increase in the last 24 hours. This translated to a broader 44% increase in volumes across the derivatives market.

At the time of writing, DOGE was down 2.57% in the last 24 hours to $0.0933 in dull market trading on Wednesday.

Ripple Cofounder Jed McCaleb Named on Forbes Rich List, Shiba Inu (SHIB) Has Chance to Break $3.5 Billion Price Threshold, Bitcoin Miner MARA Starts Selling BTC: Morning Crypto Report

Ripple to Bag Crucial Australian License

Investors are considering a sticky February inflation report as the newly released consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at 2.4%, according to Bureau of Labor Statistics data. Both numbers matched the Dow Jones consensus forecast and remained above the Federal Reserve’s inflation target of 2% to reach price stability.

You Might Also Like

Other economic data due this week includes housing starts and weekly initial jobless claims on Thursday, and the personal consumption expenditures index, which is the Fed’s preferred gauge of inflation on Friday. The Fed is widely expected to hold rates steady at next week’s meeting.

Dogecoin price

Dogecoin was rejected following a sharp increase to $0.10 on Wednesday. Dogecoin seems to be forming resistance slightly above $0.10 as Dogecoin tested price points at $0.104 and $0.106 on Feb. 25 and March 4, respectively, but had a failed breakout.

You Might Also Like

The daily RSI is slightly below 50, hinting at potential sideways trading and a slight advantage to bears.

The same sideways trading scenario presents on the four-hour chart, with the setup leading to a potential 37% move.

A drop from $0.09 increases the risk of a drop to $0.08. Crypto sentiment is slowly improving as the Fear and Greed index is at 24/100, moving into “fear” territory after more than a month stuck in the “extreme fear” zone.

Source: https://u.today/dogecoin-derivatives-up-29807-yet-bulls-hold-back

Market Opportunity
BULLS Logo
BULLS Price(BULLS)
$339.54
$339.54$339.54
+0.75%
USD
BULLS (BULLS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unlimit Appoints Irene Skrynova as CEO, Global Payments

Unlimit Appoints Irene Skrynova as CEO, Global Payments

Unlimit announced the appointment of Irene Skrynova as CEO, Global Payments, as the company accelerates its evolution into a global financial infrastructure platform
Share
ffnews2026/03/12 18:17
Economic policies are chasing investors away from US – Mercer

Economic policies are chasing investors away from US – Mercer

The post Economic policies are chasing investors away from US – Mercer appeared on BitcoinEthereumNews.com. A wave of clients are shifting away from U.S. assets as investors react to President Donald Trump’s trade and interest-rate agenda, according to Mercer LLC. The consulting firm says concern over tariffs, pressure on the Federal Reserve, a swelling budget deficit and the risk of a softer dollar are pushing money to Europe, Japan and other markets. Hooman Kaveh, Mercer’s global chief investment officer, said a rising share of the firm’s 3,900 clients, together overseeing about $17 trillion, are reducing U.S. exposure. The opening weeks in the early phase of Trump’s second term “has been a trigger for genuine diversification,” he noted in an interview this week. “We’re certainly seeing that in client portfolios where flows are toward diversifying markets, geographies, asset classes, currencies.” Market nerves were evident in early April after Trump’s “Liberation Day” announcement, when both U.S. stocks and Treasuries fell before rebounding. Even so, U.S. shares have trailed many overseas benchmarks in 2025 for dollar-based investors. Kaveh said investors are struggling to price the tariff path because the effects can cut two ways: either squeeze company margins or get passed through to consumers and lift inflation. “If you have a situation where tariffs are going to push prices up, and the weaker dollar potentially can increase inflation, that would cause the Fed much more of a challenge to cut rates,” he added. As mentione in a Bloomberg report, he called the White House’s preference for a weaker dollar “the Achilles heel to the current approach” since it can magnify the inflation impulse from tariffs. Where the money is going Trump’s repeated criticism of Chair Jerome Powell, saying he has been slow to lower borrowing costs, along with the president’s move to fire Governor Lisa Cook, is further encouraging clients to step back from the U.S., according to…
Share
BitcoinEthereumNews2025/09/18 13:17
UiPath (PATH) Stock Slides 5% Despite Crushing Earnings on Every Metric

UiPath (PATH) Stock Slides 5% Despite Crushing Earnings on Every Metric

TLDR UiPath beat Q4 estimates with EPS of $0.30 vs $0.26 expected, and revenue of $481M vs $465M expected The stock fell more than 5% in premarket trading despite
Share
Coincentral2026/03/12 18:09