Why Bitcoin, Ethereum, and Dogecoin Plunged Today
The crypto market has had momentum all year, but that seems to be coming to an end as April comes to a close. The entire market has dropped, but the biggest names are leading the way.
Bitcoin (CRYPTO: BTC) has fallen 4.7% since the stock market's close on Monday, Ethereum (CRYPTO: ETH) is down 6.5%, and Dogecoin (CRYPTO: DOGE) is off 6.1%. And this continues a bad week with the tokens down 9.7%, 8.1%, and 18.2% over the past seven days.
When Bitcoin exchange-traded funds (ETFs) hit the market in the U.S., they brought billions of dollars in new investment to the industry, and Bitcoin jumped and pulled the entire market with it. But that didn't happen in Hong Kong.
Source Fool.com