Dogecoin Falls 15% Ahead Of Fed Announcement: What's Next?
The cryptocurrency market is facing a substantial dip today, July 29, 2025. Dogecoin (DOGE) has fallen 6.3% in the daily charts and 15.4% over the last week. Dogecoin’s (DOGE) correction comes ahead of the Federal Reserve’s interest rate decision due tomorrow. Despite the dip, DOGE is still up by 18.1% in the 14-day charts, 37.2% over the previous month, and 67.7% since July 2024, as per CoinGecko’s Dogecoin data. Source: CoinGecko Will DOGE Rally After The Fed’s Announcement? Source: Watcher.Guru The Federal Reserve has kept interest rates unchanged so far in 2025. The decision comes despite President Trump repeatedly asking Fed Chair Jerome Powell to reduce interest rates. A rate cut could lead to another bullish reversal for Dogecoin (DOGE) and the larger crypto market. Retail investors were more or less absent during the last market rally. High interest rates may have kept retail players at bay. Retail participants may ramp up their crypto investments if borr...