Crypto in slump. 3 reasons why Bitcoin, Ethereum and Dogecoin are losing value
The cryptocurrency market is facing a rough day, with major tokens like Bitcoin, Ethereum, and Dogecoin all sliding in value. Investors are worried as global uncertainty and market pressures weigh heavily on sentiment.
The fall has wiped billions from the overall market, reminding traders how quickly things can turn in the world of digital assets.
BITCOIN, ETHEREUM AND DOGECOIN UNDER PRESSURE
Bitcoin, the largest cryptocurrency, is trading at $109,549.23, at time of writing this article (1200 pm). The coin has been volatile, falling by 6.14% over the last week. While long-term holders remain calm, short-term traders are reacting sharply to news, adding to price swings.
Ethereum, too, has witnessed a drop in its value, declining…
