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Why Coinbase, Dogecoin, Ethereum, and Bitcoin Are Falling Today

TheMotleyFool

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Why Coinbase, Dogecoin, Ethereum, and Bitcoin Are Falling Today

Cryptocurrency assets like Coinbase Global (NASDAQ: COIN) and cryptocurrencies Dogecoin (CRYPTO: DOGE), Ethereum (CRYPTO: ETH), and Bitcoin (CRYPTO: BTC) were down between 3% and 5% this morning but have since recovered more than half of the losses.

Sharp moves in the cryptocurrency space are nothing new; however, the past week has seen a wide divergence between the prices and other risk assets like the technology-laden Invesco QQQ Trust (NASDAQ: QQQ).