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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:  

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Source Fool.com

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