Dogecoin fell to its lowest level since October, as cryptocurrency prices plunged during Friday’s session. Overall, the global crypto market cap dropped by nearly 9% today, which seems to have been triggered by yesterday’s liquidation of Silvergate bank. Litecoin has been another notable mover, falling by over 17%.
Dogecoin fell to a five-month low on Friday, as crypto prices continued to plummet, following the liquidation of Silvergate Bank.
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DOGE/USD dropped to an intraday low of $0.06302 earlier in the day, less than 24 hours after trading at a high of $0.0722.
As a result of the decline, dogecoin fell to its lowest point since October 26, when price bottomed out at $0.0627.
Looking at the chart, the sell-off came as the relative strength
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