Ether, XRP and dogecoin lead broad crypto selloff as tech stocks tumble

Ether, XRP and dogecoin led a broad crypto selloff into the weekend as a renewed rout in technology stocks dragged risk assets lower. Ether fell 5.6% in 24 hours to about $1,555, XRP slid 4.9% to $1.03 and dogecoin dropped 3.8% to $0.074, according to CoinDesk, while bitcoin dipped near $58,000 before recovering toward $60,000 and was last around $59,888. CF Benchmarks’ Gabe Selby said large holders have been selling into a market slow to absorb supply, and flagged the $50,000 to $60,000 zone as where buyers have historically stepped in.