The top crypto asset has fallen below $84,000 amid a broader market reset, following a rapid run-up in precious metals prices and a new all-time high for gold above $5,600 per ounce. Bitcoin fell to a two-month low price Thursday, but some altcoins are hitting prices not seen in more than a year.
DOGE is now down 8% in the last 24 hours, recently changing hands at $0.115. That mark is down 84% below its 2021 all-time high of $0.73. The last time the token traded this low was October 2024, about a month before President Donald Trump was re-elected, kick-starting a frenzy in crypto markets.
The coins have all fallen 5% or more in the last 24 hours, continuing descents from their long-standing all-time high marks that were established in 2021, or 2018 in Stellar’s case.
The fall in prices comes amid more drama regarding the crypto market structure bill, also known as the CLARITY Act. On Thursday, the bill passed a markup session at the Senate Agriculture Committee, thanks to a vote on party lines—with no Democrats voting in favor of the draft.
Bitcoin was recently changing hands around $83,811, while Ethereum changed hands at $2,788.
