Ether, XRP, and dogecoin lead crypto selloff as tech stocks tumble
By
Shaurya Malwa
11d ago· 3 min readenNews
Summary
Ether, XRP, and dogecoin led a broad cryptocurrency selloff as a renewed rout in technology stocks pulled risk assets lower worldwide. Ether dropped 5.6% to ~$1,555, XRP fell 4.9% to $1.03, and dogecoin slid 3.8% to $0.074. Bitcoin dipped near $58,000 before recovering toward $60,000. Tron was the lone gainer, up 0.4%. CF Benchmarks notes the $50,000-$60,000 zone for bitcoin is where buyers have historically stepped in.
Source
bskyEther, XRP, and dogecoin lead crypto selloff as tech stocks tumblecoindesk.comKey quotes
· 4 pulledEther dropped 5.6% over 24 hours to about $1,555 and is down 7.9% on the week, the steepest fall among the large caps.
XRP fell 4.9% to $1.03 for an 8.5% weekly loss, dogecoin slid 3.8% to $0.074 and is down 9.8% over seven days.
Bitcoin slipped near $58,000 before recovering toward $60,000.
CF Benchmarks says the $50,000 to $60,000 zone is where buyers have always stepped in.
Bitcoin slipped near $58,000 before recovering, and CF Benchmarks says the $50,000 to $60,000 zone is where buyers have always stepped in.
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