Dogecoin Hovers Near Key Support as Fed Easing Fails to Spark Risk Rally

Source: CryptoNewsNet Original Title: Dogecoin Hovers Near Key Support as Fed Easing Fails to Spark Risk Rally Original Link: https://cryptonews.net/news/analytics/32125411/ Dogecoin traded quietly after the Federal Reserve delivered a widely anticipated rate cut, holding key support as traders assessed what easier policy means for risk assets.

News Background

• The Federal Reserve announced a 25-basis-point cut to its benchmark rate on Wednesday, lowering the target range to 3.5%–3.75%.
• While the move marked the third cut of the year, policymakers signaled growing internal disagreement.
• Some members supported further easing to protect a weakening labor market, while others warned that additional cuts risk reigniting inflation pressures.
• The mixed tone limited immediate risk-on follow-through across markets, with crypto prices stabilizing rather than extending gains.
• Against this backdrop, Dogecoin continued to see steady on-chain engagement.
• Whale wallets accumulated roughly 480 million DOGE over recent sessions, and trading activity remained elevated following the launch of spot DOGE ETFs from major asset managers.
• However, ETF-related flows have so far failed to produce sustained directional momentum.