CryptoMedium•7 October 2026•
1 min read
Dogecoin Drops 7% as Broad Crypto Sell-off Hits Digital Assets
Key Facts
1Dogecoin price fell by approximately 7% as major cryptocurrencies including Bitcoin and Ethereum retreated.
2Digital assets are facing pressure from surging oil prices, rising Treasury yields, and a stronger US dollar.
Dogecoin price fell by approximately 7% as major cryptocurrencies including Bitcoin and Ethereum retreated. According to coinpaper.com, the decline occurred amid a broad market sell-off that saw Bitcoin briefly drop below $84,000 while Ethereum lost around 4%.
Digital assets are facing pressure from macroeconomic headwinds, including the 10-year Treasury yield moving above 5.3% and a stronger US Dollar Index above 102. Additionally, Brent crude climbing above $100 per barrel has reduced appetite for risk assets, pushing Dogecoin toward technical support levels near $0.088 and $0.09, zones that were previously tested during September 2026.