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Why Ethereum, Dogecoin, and Shiba Inu Are Falling This Week

Bram Berkowitz, The Motley Fool
·3-min read
Why Ethereum, Dogecoin, and Shiba Inu Are Falling This Week

Many cryptocurrencies struggled this week due to sectorwide concerns related to the large crypto exchange Binance. The world's second-largest cryptocurrency, Ethereum (CRYPTO: ETH), traded roughly 8.7% lower for the week as of 1:56 p.m. ET Thursday, according to data from S&P Global Market Intelligence. Meanwhile, the prices of the meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) had fallen 10.2% and 11.5%, respectively.

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