Bitcoin, Ethereum, and Dogecoin All Decline Simultaneously
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[Asia Economy Reporter Cho Hyun-ui] The prices of cryptocurrencies Bitcoin, Ethereum, and Dogecoin all declined.
According to cryptocurrency information site Coindesk, as of 1:30 PM Pacific Time on the 15th (5:30 AM Korean Time on the 16th), Bitcoin's price was recorded at $48,357.77, down 2.11% compared to 24 hours earlier. Accordingly, its market capitalization also decreased to $904.78 billion.
Ethereum's price also fell by 4.69% compared to 24 hours earlier, dropping to $3,803.65. Its market cap stood at $440.75 billion.
Dogecoin, which had surged following supportive tweets from Tesla CEO Elon Musk, has returned to a downward trend.
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Dogecoin was recorded at $0.5186, down 5.47% from 24 hours earlier, with its market cap shrinking to $67.14 billion. As a result, the market cap ranking of this cryptocurrency fell back to 6th place.
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