The recent crash in Dogecoin (DOGE) price is mainly due to a market-wide decline triggered by negative reactions to the March manufacturing data in the US. Additionally, DOGE's price movements are closely tied to Bitcoin's, so any recovery in Bitcoin could potentially lead to DOGE's price rebounding. Despite the recent dip, there's still bullish sentiment around DOGE, with some analysts predicting a potential rise in its price.

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