Many cryptocurrencies struggled this week due to sectorwide concerns related to the large crypto exchange Binance. Highly anticipated economic data also failed to excite crypto investors.

The world's second-largest cryptocurrency, Ethereum (CRYPTO: ETH), traded roughly 8.7% lower for the week as of 1:56 p.m. ET Thursday, according to data from S&P Global Market Intelligence.

Meanwhile, the prices of the meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) had fallen 10.2% and 11.5%, respectively.

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Source Fool.com