Dogecoin Loses 10 Cent Mark In Sudden 8% Crash: What’s Happening?

Dogecoin DOGE/USD saw a sudden crash of 8% on Monday night to fall below the key 10-cent mark. The meme cryptocurrency traded at$0.09896 amid overall market weakness that sawBitcoin BTC/USD andEthereum ETH/USD plunge as well. Two of the world's largest cryptocurrency exchanges Binance and FTX engaging in a public feud is assumedto be taking a toll on the cryptocurrency market.FTX's native cryptocurrency FTX Token FTT/USD is down nearly 20% over 24 hours. Dogecoin saw a spike late last month afterElon Musktook charge at social media company Twitterbut the cryptocurrency dropped after Twitter was reported to be ditching plans for a cryptocurrency wallet. Nearly $6 million has been liquidated in Dogecoin in the past hour, at the time of writing. See Also: Dogecoin Price Prediction