Why Bitcoin, Ethereum, and Dogecoin Are All Sinking Again Today

Investors looking at the price action among the largest cryptocurrencies by market capitalization may not like what they are seeing. As of 10 a.m. ET Monday, Bitcoin (CRYPTO: BTC) was down by a little more than 1%, while Etheruem (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) were down by approximately 2%.

These downward moves aren't massive. However, they're a continuation of some relatively weak price action for these cryptocurrencies. At their daily lows Monday, each was down by more than 3%, and over the past seven days, each has declined by more than 9.5%.

As a direct result of its price drop over the past week, Dogecoin has slipped off the list of the top 10 cryptocurrencies by market capitalization.

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Source Fool.com