Dogecoin (DOGE) extends its decline, trading around $0.23 on Monday after falling 8.55% last week. Coinglass’ long-to-short ratio for DOGE reads below one, indicating more traders are betting for a correction while the technical outlook projects a pullback toward the $0.20 level.
Bitcoin (BTC) price has been consolidating between $94,000 and $100,000 since early February. Ethereum (ETH) and Ripple (XRP) show signs of weakness in momentum indicators, hinting at a downturn ahead.
Crypto investigator ZachXBT linked the $1.44 billion hack of crypto exchange Bybit on Friday to the infamous Lazarus Group, which has been allegedly responsible for some of the top attacks on digital asset platforms. This came after Bybit confirmed a major security breach resulting in the loss of $1.44 billion in ETH-related assets, marking one of the largest theft in crypto market history.
