Bitcoin and Ethereum Prices Continue To Dip, Dogecoin Makes It To The Top 10

The post Bitcoin and Ethereum Prices Continue To Dip, Dogecoin Makes It To The Top 10 appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Currently, Bitcoin is nearly down 73% from its peak, with no relief rally seeming to come soon. On the Bitstamp exchange, Bitcoin swept to an intraday low of $18,682 earlier today. The most recent drop followed the bulls’ failure to hold the key support at the $20,000 level on Sunday. The asset continues to trade in lockstep with traditional financial markets and is failing to act as a portfolio diversifier.

Ethereum, too, is trading downward and had hit the intraday low of $1,287 despite a successful merger event.  However, Dogecoin has managed to make a comeback to the top 10 after surpassing Polkadot.