Dogecoin, Shiba Inu slide about 9% as bitcoin nears $60,000
2026-06-05 16:01:58
Dogecoin and Shiba Inu each fell about 9% as bitcoin slid toward $60,000, with heavy volume and liquidations breaking key support levels. Both tokens saw their biggest volume spikes on breakdowns rather than rebounds, signaling sellers remain in control, according to CoinDesk. Dogecoin dropped from $0.0891 to $0.0830, while Shiba Inu fell from $0.000004997 to $0.000004630. Technical signals suggest further downside unless DOGE and SHIB reclaim former support levels that have turned into resistance.
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