What happened
As investors sell off stocks broadly, the “risk-off” trade has made its way to cryptocurrencies. The market has been down sharply since just before the trading opened Thursday, and that’s when a sudden crash hit crypto.
As of 3:30 p.m. ET, the value of Dogecoin (DOGE -3.62%) had fallen 5.4% over the prior 24 hours, Ethereum (ETH -4.97%) was down 7.8%, and The Sandbox (SAND -3.68%) was down 11.8%. Ironically, early Thursday morning, values were up by nearly…
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