Why Bitcoin, Ethereum, Dogecoin, and Shiba Inu Dropped Today

Cryptocurrency investors woke up to a down market on Monday, which just happens to also be tax day in the U.S. In a volatile market like crypto, it seems like every day is either up or down big and today the sellers are winning. 

Bitcoin (CRYPTO: BTC) had fallen as much as 4.1% as of noon ET, while Ethereum (CRYPTO: ETH) dropped up to 5.8%, Dogecoin (CRYPTO: DOGE) fell 6.9%, and Shiba Inu (CRYPTO: SHIB) fell up to 8%. The selling was widespread so there's no reason to be especially worried about any particular cryptocurrency. 

Image source: Getty Images.

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Source Fool.com