Dogecoin Risks Plunging Below $0.07 Amid Global Market Volatility

The crypto market is experiencing uncertainty due to tensions in the Middle East, leading to a broader sell-off.

Dogecoin (DOGE) has slid lower towards its next key support at $0.07.

Retail demand for DOGE is returning as perpetual futures Open Interest rises to 14 billion DOGE on Wednesday.

The crypto Fear & Greed Index indicates that appetite for risk assets is significantly suppressed, sitting at 20 within the Extreme Fear territory.