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Recently, the DOGE market has shown an unexpected trend. Although the Federal Reserve announced to keep the Intrerest Rate stable, this news did not boost market confidence as expected. On the contrary, the DOGE price has fallen by about 4% in the short term, hovering around $0.19.
This phenomenon has puzzled investors: why has the cryptocurrency market fallen despite the interest rate remaining unchanged?
Analysis shows that the Federal Reserve's decision has instead triggered market risk-averse sentiment. Investors' uncertainty about the economic outlook has increased, leading them to start withdrawing from high-risk assets. DOGE, as a highly volatile cryptocurrency, often experiences more dramatic price fluctuations, and thus is more significantly affected in this market environment.
Large investment institutions have become more cautious about market risks, as they are concerned that future economic trends may not meet expectations. This concern has prompted funds to flow out of high-volatility assets, with DOGE being one of them.
This event reminds investors that even under seemingly positive news, market reactions can be unexpected. In the cryptocurrency market, investment decisions need to consider more factors than just a single economic indicator. How the market will trend in the future still requires close attention to changes in various factors.