Why Bitcoin, Ethereum, and Dogecoin Are Singing the Blues Today

The cryptocurrency market has been somewhat precarious in recent weeks, with bouts of volatility resulting in surprise rallies and dips. Today, this volatility has once again materialized, this time to the downside. Top tokens Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) have sunk 1.9%, 1.7%, and 4.6%, respectively, over the past 24 hours as of 12:15 p.m. ET.

These moves come amid the typically bullish Bitcoin conference held in Miami. Other metrics such as trading volumes and buying activity remain strong, particularly for Bitcoin and Ethereum.

Image source: Getty Images.

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Source Fool.com