Why Bitcoin, Ethereum, and XRP Are Sinking Today
It's been a rather bumpy ride in the world of large-cap cryptocurrencies of late. Today, this volatility has continued, with Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) each seeing declines as of late-morning trading.
At 11:45 a.m. ET, these top tokens had sunk 1.3%, 2.1%, and 5.1% respectively over the past 24 hours.
A number of macro factors appear to be weighing on these top tokens, including volatility in Asian markets as well as concerns around rising interest rates and a stronger U.S. dollar.
Source Fool.com
