The price of second-largest cryptocurrency Ethereum fell 4.5% to $2,212, while its high-profile rival Dogecoin fell by 6.5% to $0.23. Bitcoin prices are falling for two main reasons, according to Laith Khalaf, financial analyst at AJ Bell. Since then Bitcoin prices have ranged from around $30,000 to $40,000. Cryptocurrency prices have become linked to statements made by Tesla chief executive Elon Musk, who is a fan of the digital coins. Why are other cryptocurrency prices falling?

Source: Daily Mirror July 05, 2021 15:11 UTC