Dogecoin (DOGE) price hovers around $0.0756 at press time on Friday, stalling further downside move after losing over 5% the previous day. The meme coin sees reduced demand at both institutional and retail levels, with Exchange Traded Funds (ETFs) outflows exceeding $500,000 this week and its futures Open Interest declining toward $1 billion. The technical outlook for DOGE indicates a bearish bias with a roughly 10% downside potential toward the annual low of $0.0676.

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a…