Why Bitcoin, Ethereum, and Dogecoin Dropped and Popped Early Today

What happened 

There was a flash crash in the cryptocurrency market at around 7:30 ET Wednesday morning that sent most major cryptocurrencies lower in a matter of minutes. While Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) all plunged, they recovered quickly. 

As of 11:15 a.m. ET, Bitcoin was down just 1% in the last 24 hours at $48,036 but hit a low of $46,648 early this morning. Ethereum is down 1.7% in the last 24 hours…

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