Why Bitcoin, Ethereum, and Dogecoin Are Falling Today
Several of the main cryptocurrencies fell this morning, as investor sentiment is still negative and as the market prepares for a key inflation report later this week.
Over the past 24 hours, as of 10:21 a.m. ET today, shares of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), traded roughly 3% lower. At the same time, shares of the world's second-largest cryptocurrency, Ethereum (CRYPTO: ETH), traded roughly 2.7% down and shares of the meme token Dogecoin (CRYPTO: DOGE) traded more than 5% lower.
In a recent survey conducted by Bloomberg, 60% of the 950 investors polled about where they think the price of Bitcoin is headed said they think it will hit $10,000 in the not-too-distant future, while 40% believe it is going to go higher from here. The current price of Bitcoin was roughly $20,500 as of this writing.
Source Fool.com
