Why Bitcoin, Ethereum, and Dogecoin Are Down Today
Most cryptocurrencies fell today, as the intense selling from last week resumed due to most of the same concerns about the Federal Reserve’s ongoing policies and the economy. Over the past 24 hours (as of 9:50 a.m. ET today), the price of the world’s largest cryptocurrency, Bitcoin (CRYPTO: BTC), has traded more than 5% down, to roughly $20,780. The price of the world’s second-largest cryptocurrency, Ethereum (CRYPTO: ETH), has traded nearly 7% down, and the price of the meme token Dogecoin (CRYPTO: DOGE) is down nearly 6%.