Cryptocurrency Struggles: Why XRP, Dogecoin, and Shiba Inu Are Facing Challenges Today
Today, cryptocurrencies experienced a dip as Bitcoin dropped from $100,000 to about $97,500, amidst rising Treasury yields and upcoming inflation data. Other major cryptocurrencies like XRP fell significantly, while meme tokens like Dogecoin and Shiba Inu also dropped. Interestingly, MicroStrategy announced a substantial Bitcoin purchase, holding a total of $25.6 billion in the cryptocurrency. Meanwhile, ...