Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Bitcoin, Dogecoin, and Shiba Inu Are Falling Today

TheMotleyFool

0 0

Why Bitcoin, Dogecoin, and Shiba Inu Are Falling Today: https://g.foolcdn.com/editorial/images/701499/generic-downward-8.jpg

Cryptocurrencies took a hit this morning as investors brace themselves for the Federal Reserve's upcoming meeting this week, which is expected to end with yet another big rate hike.

As of 10:41 a.m. ET Monday, the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), traded roughly 3.3% lower over the last 24 hours. At one point earlier this morning, the price of Bitcoin had fallen to a three-month low below $19,000 per token.

The price of meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 4.5% and 5.4% lower, respectively.

Source Fool.com

Like: 0

BTC

Share