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Why Dogecoin Is Sinking Today

TheMotleyFool

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Dogecoin's (CRYPTO: DOGE) token price is heading lower in Tuesday's trading. The meme coin's token price had fallen 2.7% over the previous 24 hours as of 12:45 p.m. ET. Meanwhile, Bitcoin and Ethereum were down 1.7% and 0.8%, respectively.

The crypto market is seeing sell-offs today as investors react to the latest twists and turns in the U.S.-China trade war saga. Dogecoin is now down roughly 19% over the last week of trading, making it the biggest loser among top 10 cryptocurrencies across the stretch.

Image source: Getty Images.

Source Fool.com

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