Why Bitcoin, Ethereum, and Dogecoin Popped -- Then Dropped
It's finally Friday, and while this morning it looked like cryptocurrencies would end the week on a high note, things got ugly in a hurry.
Buoyed by good news out of investment bank JPMorgan Chase, the price of Bitcoin (CRYPTO: BTC) bounced nearly 2% out of the gate, Ethereum (CRYPTO: ETH) ran past 3%, and Dogecoin (CRYPTO: DOGE) briefly passed a 4% gain. But things took a sudden turn for the worse around about 10:30 a.m. EDT, and have deteriorated as the day dragged on.
Here's where prices on the three best-known cryptocurrencies stand at 12:45 p.m. EDT, according to the price-trackers at CoinDesk:
Source Fool.com
