Dogecoin and Cardano Prices Drop Amid Profit-Taking, Gold Declines as China Removes Tax Rebate

Major cryptocurrencies Dogecoin (DOGE) and Cardano (ADA) are leading a market selloff as investors engage in profit-taking activities. Simultaneously, gold prices are experiencing a pullback following China's decision to eliminate precious metal tax rebates. The crypto market correction reflects typical volatility patterns while gold reacts to changing regulatory policies in key markets.