Dogecoin falls 7% as risk-off trade hits Ethereum tied tokens

Dogecoin experiences a significant decline of 7% as investors adopt a risk-off approach, leading to a broader impact on tokens associated with Ethereum. This shift in market sentiment raises concerns among traders, prompting them to move away from assets perceived as higher risk, resulting in losses for various cryptocurrencies connected to the Ethereum ecosystem, including Dogecoin. source: https://www.coindesk.com/markets/2026/02/04/dogecoin-falls-7-as-risk-off-trade-hits-ethereum-tied-tokens