Dogecoin’s derivatives market has weakened further as open interest dropped to $959 million during the latest crypto market decline. The decline signals lower trader participation as investors continue reducing leveraged positions amid persistent market uncertainty. Coinglass data shows Dogecoin open interest declined 2.4% over the past 24 hours. Meanwhile, the broader cryptocurrency market extended its losses during weekend trading. Investors continued rotating capital into artificial intelligence-related stocks while reducing exposure to digital assets.