Crypto prices flat, while Dogecoin rallies
Quick Take
- Bitcoin was trading around $23,100, down about 0.3%. Ether also dropped, falling 0.3% to $1,580.
- Altcoins traded flat across the board, while Dogecoin trade up 8.1%.
- Crypto stocks all rose, with Silvergate trading up 2.4% and Block rising 2.4%.
Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising significantly by 8.1%, outperforming the top 10 coins.
Bitcoin fell 0.3% to $23,117 around 9:50 a.m. EST, according to TradingView data.
Ether also declined 0.3% to around $1,583. BNB rose 1.1%, while Cardano's ADA fell 0.7%. Polygon's MATIC was up 1.7% in the past 24 hours after falling yesterday.
Dog-themed memecoins both rose, with Dogecoin and shiba inu up 8.1% and 0.5%, respectively.
Crypto stocks
Silvergate shares rose 4.5% to around $13 by 10:00 a.m., according to Nasdaq data, rising alongside most other crypto stocks.
Jack Dorsey's Block rose 2.2% to trade around $82, while MicroStrategy increased 2.5%. Coinbase was also up, rising by 1%.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
