Crypto Market: Dogecoin Outperforming Bitcoin And Ethereum

October 21, 2022

Bitcoin's price dropped to $19,048 on Friday morning.

Ethereum also traded in the red in the last 24 hours but Dogecoin is outperforming other coins in the market

Dogecoin rose 1.4% to US$0.059, while Tron added 0.7% to US$0.62

Cardano and Solana both fell 2.8%, with Cardano at US$0.34 and Solana changing hands at US$28.08

LABEL

As per CoinMarketCap data, Bitcoin is trading at US$19,048 as of 8 a.m. in Hong Kong, while Ethereum at $1,282.

Polygon suffered the biggest losses today, falling 5.38% to US$0.80, but is still up 3.8% over the past 7 days

After surging to an all-time high of almost $69,000 in November last year, Bitcoin has been trading in a narrow range of around $20,000 since June 2022