The crypto market experienced a $342 million sell-off in the past 24 hours, with over 17.83 million Dogecoin (DOGE) long positions liquidated, valued at approximately $1.391 million. Dogecoin's price fell by nearly 3% to $0.078 in the past 24 hours, influenced by the Federal Reserve maintaining interest rates and the Personal Consumption Expenditures (PCE) inflation data exceeding targets.