Here's Why Bitcoin, Ethereum, and Dogecoin Slumped Today
The volatility we've seen become pervasive among risk assets has more than bled through into the cryptocurrency sector. Three of the most-watched (and most valuable) tokens today are Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE). These digital assets have lost 2.9%, 2.8%, and 5.7%, respectively, over the past 24 hours as of 3 p.m. ET.
These moves have coincided with a broader pause in other risk assets ahead of what should be a very influential Federal Reserve decision tomorrow. But as is always the case with these high-flying assets, there's more to the story.
Let's dive into some of the key drivers affecting demand for these three top cryptos today.
Source Fool.com
