Meme coin Dogecoin fell from $0.21 to $0.20 over the 24 hours from August 4 to 5, losing 5% amid declining interest in risk assets. The strongest pressure on the price occurred at 14:00 on August 5, when trading volume jumped nearly fourfold to 877.9 million tokens, triggering a break of support at $0.205.

According to CoinShares, institutional investors withdrew $223 million from cryptocurrency ETFs over the past week. The Federal Reserve’s increasingly hawkish stance and geopolitical tensions contributed to greater risk aversion in both stock and crypto markets. DOGE ended the session at $0.1985, failing to hold above the new resistance at $0.205, confirming the continuation of the downward momentum.