Bitcoin and ethereum sink as dogecoin rallies on ‘doge day’

Bitcoin and ethereum sink as dogecoin rallies on ‘doge day’

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KATWIJK, NETHERLANDS - JANUARY 29: In this photo illustration, visual representations of digital cryptocurrencies, Dogecoin and Bitcoin are arranged on January 29, 2021 in Katwijk, Netherlands.  (Photo by Yuriko Nakao/Getty Images)

It is unclear exactly why supporters have decided 20 April, which is also International Weed Day, will be celebrated as ‘doge day’. Photo: Getty Images

Bitcoin and ethereum on Tuesday extended price declines that began last week, while Dogecoin maintained its rally on what supporters have dubbed ‘DogeDay’.

Bitcoin (BTC-USD) was down 4.6% to trade at $54,763.19 (£39,152.67) by 9.20am in London. Ethereum (ETH-USD), the second largest cryptocurrency, was down around 5.3% to…


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