Dogecoin trading volume plummets 25% to $682 million as crypto markets hit yearly lows

Source: Yellow Original Title: Dogecoin trading volume plummets 25% to $682 million as crypto markets hit yearly lows

Original Link: Dogecoin (DOGE) has seen its trading volume drop 25% in the last 24 hours, down to $682 million.

The decline reflects the overall weakness of the cryptocurrency market, as 2025 closes with trading activity at yearly lows.

Bitcoin and major altcoins are experiencing their weakest trading fortnight since December 2024, according to market analysis data.

The coincidence with the holiday season, along with flat price action, has discouraged traders from active positions.

What has happened

Dogecoin has traded within a narrow range between $0.1213 and $0.1275 since December 27.

The RSI indicator has stalled at 37, suggesting a slight bearish advantage with minimal momentum in either direction.

Market data shows that Ethereum (ETH), Solana (SOL), Cardano (ADA), and DOGE are recording less than half of their weekly trading volume compared to late 2024.

The decline indicates a weakening of short-term interest rather than panic selling.

Social indicators reinforce the trend, with Bitcoin’s social volume steadily decreasing since mid-November.

Markets have remained flat and unpredictable over the last weeks of 2025.

Reduced screen time during the holidays has collectively drained liquidity from spot and derivatives markets.

Why it matters

The volume decline marks a significant shift from 2024, when altcoin markets maintained substantial movement during the year-end period.

Dogecoin’s very narrow trading range suggests an imminent directional move.

A breakout above current levels would target resistances at $0.146 and $0.195.

A breakdown below could send the price toward the support zone at $0.09.

The lack of trading activity reflects broader market conditions rather than specific issues with Dogecoin.

Lower participation in higher-beta assets indicates a weaker risk sentiment in digital asset markets.

Year-end trading decline has equally affected institutional and retail participation.