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Why Bitcoin, Ethereum, and Coinbase All Dropped on Friday


The cryptocurrency market had another bad end to the week on Friday, selling off into what could be a wild weekend. Yuga Labs will be minting some form of land for its metaverse and that's driving a lot of interest in ApeCoin and the underlying Ethereum (CRYPTO: ETH) blockchain. But that didn't help values today. 

As of 3:10 p.m. ET, Bitcoin (CRYPTO: BTC) had fallen 4.1% in the last 24 hours, Ethereum was down 5.4%, and Coinbase Global (NASDAQ: COIN) had fallen 5.9%. 

Image source: Getty Images.

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Source Fool.com

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