Cryptocurrency Market Volatility: Dogecoin Leads as Bitcoin and Ethereum Plunge

Bitcoin, Ethereum, and Bonk experienced significant declines today, with Bitcoin dropping 2.8%, Ethereum down 5.2%, and Bonk falling 9.4%. The market was influenced by factors such as the ISM factory index improvement, impacting investor sentiment. The decline is also attributed to the potential impact of interest rate changes on technology and high-growth stocks, as well as the uncertainty surrounding the approval of cryptocurrency exchange-traded funds (ETFs). The future of these cryptocurrencies remains uncertain, with speculation and fundamental value driving the market.