DOGE Derivatives Frenzy Masks Spot Consolidation Amid Macro Uncertainty
Dogecoin is experiencing a massive 53,255% surge in futures trading volume on BitMEX as traders adjust year-end positions, yet the spot price remains range-bound between $0.128 and $0.134. This positional activity is set against a backdrop of US macroeconomic uncertainty due to a strong Q3 GDP print (4.3%) complicating the Federal Reserve's January rate decision.