Future Finance Research Institute

Industry News

Why Cryptocurrencies Shiba Inu, Solana, and Cardano Are Falling Today

Cryptocurrencies struggled Monday as tech and artificial intelligence (AI) stocks sold off and with the Federal Reserve's January meeting on the docket this week. Bitcoin, the world's largest cryptocurrency and a bellwether for the sector, traded 4% lower since the late afternoon yesterday, hovering around $99,230. The price of Shiba Inu (CRYPTO: SHIB) traded 6.1% lower as of 12:23 p.m. ET today.