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Dogecoin, Ether Lead Modest Pullback as Crypto Consolidates Ahead of Fed Meeting
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Dogecoin, Ether Lead Modest Pullback as Crypto Consolidates Ahead of Fed Meeting

Dogecoin and ether led losses among major cryptocurrencies on Friday, falling 5% and 2.5% respectively, as the broader market pulled back after a strong week of gains. Solana slipped roughly 2.5%.

Tristan R.
By Tristan R.

Senior Author · July 24, 2026

2 min
Key takeaways
Dogecoin and ether led losses among major cryptocurrencies on Friday, falling 5% and 2.5% respectively, as the broader market pulled back after a strong week of gains.
$DOGE 4h chart Weekly Gains Remain Largely Intact Despite Friday's softness, most major tokens still hold solid weekly gains.
Bitcoin remains up 3% over the past seven days, Hyperliquid stood out as the lone major decliner for the week, down 3.6%.

Dogecoin and ether led losses among major cryptocurrencies on Friday, falling 5% and 2.5% respectively, as the broader market pulled back after a strong week of gains. Solana slipped roughly 2.5%.

$DOGE 4h chart

Weekly Gains Remain Largely Intact

Despite Friday’s softness, most major tokens still hold solid weekly gains. Bitcoin remains up 3% over the past seven days, Hyperliquid stood out as the lone major decliner for the week, down 3.6%.

$HYPE 4h chart

No Clear Trigger Behind the Pullback

Analysts noted the move lacked a single identifiable catalyst, describing it more as a natural pause following recent gains than a sign of a broader trend reversal.

What Investors Are Watching Next

With crypto markets consolidating ahead of the upcoming Federal Reserve decision, traders appear to be taking a cautious stance, waiting for clearer signals before committing to the next major move.

How markets are positioning

Live market reaction

🛢️WTI Crude
+3.4%
Gold
+1.8%
Bitcoin
-1.8%
$DXY
+0.6%

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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About the author

Tristan R.
Tristan R.

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.