The week in markets: Bitcoin dips while dogecoin drops 10% and MicroStrategy stock falls

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Crypto prices declined slightly throughout the week and MicroStrategy stock fell as the firm sold bitcoin for the first time.

Other cryptocurrencies experienced sharper sell-offs and dogecoin plunged more than 10%.Crypto prices fell over the past week as dogecoin led the losses. Crypto stocks traded higher for the most part, while MicroStrategy declined.

Altcoins fell even more than bitcoin and ether throughout the week. Ripple's XRP slipped 4% and dog-themed Block was trading at $62.84 at the close on Friday, up 4.95% over the previous week. Shares in crypto bank Silvergate rose more than 4% to trade at $17.40.

 

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