DOGE Jumps 18% on Possible ETF Signals, Buoying Meme Coins as Bitcoin Nears $68,000

On Wednesday, markets started to slide in early Asian hours amid profit-taking from last week’s rally and a flush of levered bets on higher prices. Overall capitalization dropped over 15% in the past week, as reported, with some traders stating that bitcoin showed signs of a technical downtrend – which indicated further losses in the offing.