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TL;DR:
- Coinbase adds Dogecoin as collateral for loans up to $100,000 in USDC.
- $DOGE’s price fails to reclaim the $0.10 level after a week of selling pressure.
- Market sentiment remains in “extreme fear” due to macroeconomic headwinds.
During Thursday’s session, the crypto ecosystem received a significant infrastructure update, yet Dogecoin’s price today reflects that bearish sentiment still dominates the scene. Coinbase has officially integrated $DOGE, ADA, and XRP as collateral options for crypto-backed loans.
Through the Base network and the Morpho protocol, qualified U.S. users can now access liquidity without the need to liquidate their holdings. However, this improvement in financial utility has not been enough to trigger a significant recovery in the popular memecoin’s valuation.
Technically, the asset remains weak, staying below the psychological barrier of $0.10 during recent sessions. Consequently, trading volume and open interest in derivatives markets have shown a downward trend, signaling a loss of conviction among traders.
Macroeconomic Factors Stifle Dogecoin’s Momentum
The lack of reaction to the Coinbase news is largely explained by an adverse external environment affecting the entire digital sector. A strengthening U.S. dollar and Federal Reserve minutes have cooled risk appetite among global investors.
Furthermore, Glassnode data reveals that institutional appetite for Dogecoin exposure has been declining since late 2025. This trend is exacerbated by massive liquidations in leveraged positions, keeping the “Fear and Greed” index at alarming levels of extreme fear.
In summary, although Coinbase’s service expansion represents a structural advancement for the asset, Dogecoin’s price remains tied to global macroeconomic dynamics. The market continues to wait for clearer signals that could break the current pressure structure and resume a positive capital flow.
u.today
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