According to reporting from CoinDesk, Dogecoin and ether are leading a pullback in cryptocurrency prices. Dogecoin dropped 4.5% and ether 2.5%, leading a broad but shallow retreat across the majors.
Despite this pullback, most major cryptocurrencies remain higher on the week. The price movement comes as investors digest recent tech earnings.
The retreat occurs ahead of next week's Federal Reserve meeting, which may influence future market trends. However, for now, the pullback appears to be a reaction to the latest earnings reports from the tech sector.