Why Ethereum, Dogecoin, and The Sandbox Dropped Today
As investors sell off stocks broadly, the "risk-off" trade has made its way to cryptocurrencies. The market has been down sharply since just before the trading opened Thursday, and that's when a sudden crash hit crypto.
As of 3:30 p.m. ET, the value of Dogecoin (CRYPTO: DOGE) had fallen 5.4% over the prior 24 hours, Ethereum (CRYPTO: ETH) was down 7.8%, and The Sandbox (CRYPTO: SAND) was down 11.8%. Ironically, early Thursday morning, values were up by nearly 10% from their Wednesday lows.
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Source Fool.com
