Dogecoin's Rollercoaster Ride: Steady Rise or Major Slide?

Major cryptocurrencies experienced a slide as traders sold holdings to lock in gains, with Dogecoin and Polygon's MATIC leading losses with declines of over 8%. Bitcoin and ether stabilized at support levels, while XRP and Cardano's ADA dropped 4%. BNB coin gained after decentralized exchange Uniswap expanded to the network. Bitfinex analysts said that while long-term indicators still indicate strength in the crypto market, a shorter-term view describes the latter stages of a bear market.