Dogecoin Sees $1.5 Billion in Open Interest Drop as Market Uncertainty Persists

The cryptocurrency Dogecoin (DOGE) recently experienced a drop in open interest, signifying an underlying market uncertainty. According to CoinGlass data, the asset recorded $1.52 billion in open interest over the past 24 hours. This represents a 1.13% decrease compared to the previous day. Despite this notable figure, Dogecoin’s price has remained relatively stagnant, mirroring the indecision observed across the broader crypto market.