Why Bitcoin, Ethereum, and Dogecoin Popped — Then Dropped

What happened

It’s finally Friday, and while this morning it looked like cryptocurrencies would end the week on a high note, things got ugly in a hurry.

Buoyed by good news out of investment bank JPMorgan Chase, the price of Bitcoin (CRYPTO:BTC) bounced nearly 2% out of the gate, Ethereum (CRYPTO:ETH) ran past 3%, and Dogecoin (CRYPTO:DOGE) briefly passed a 4% gain. But things took a sudden turn for the worse around about 10:30 a.m. EDT, and have…


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