Dogecoin Continues To Fall As Elon Musk Goes Silent On The Crypto: Here's What To Watch

Dogecoin (CRYPTO: DOGE) was plummeting about 15% lower at one point during Monday’s 24-hour trading session, in sympathy with the Bitcoin (CRYPTO: BTC) and the S&P 500, which plunged about 14% and 3%, respectively. The general markets have taken a beating recently and the Federal Reserve’s inability to tackle soaring inflation so far has spooked investors of stocks and, seemingly, cryptos alike.