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

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sep 19, 2022

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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.

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