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

A significant selloff in the cryptocurrency market has been triggered by a downturn in tech stocks, with major cryptocurrencies like Ether, XRP, and Dogecoin experiencing notable declines. Investors are reacting to rising interest rates and economic uncertainties, leading to a broader risk-off sentiment in financial markets. Ether fell sharply, reflecting concerns over regulatory scrutiny and market volatility, while XRP and Dogecoin also faced steep losses. This trend highlights the interconnectedness of digital currencies with traditional financial systems, as market dynamics shift in response to economic indicators and investor sentiment.