Polkadot's DOT drops 3% to $1.83 as crypto markets reverse lower
Yahoo Finance·2025-12-17 17:28

Polkadot (DOT) crashed through critical support Wednesday, tumbling 3% to $1.83 as technical selling overwhelmed bullish USDC integration news. DOT broke decisively below the psychological $1.90 floor despite Coinbase (COIN) announcing direct Polkadot network support. Heavy distribution emerged during the final two trading hours, according to CoinDesk Research's technical analysis model, as the token collapsed from $1.93 to $1.82 and stop-losses cascaded through multiple support zones. The model showed ...