What happened
Today’s price action among top cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) certainly has investors on edge. As of 11:30 a.m. ET, these tokens have declined 1%, 0.7%, and 1.5%, respectively.
As in previous weeks, high correlation among these top tokens and higher-risk equities appears to be the fundamental driver of this underperformance today. Following rather underwhelming results…
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