Ethereum Tumbles After ‘Merge,’ Bitcoin, Dogecoin Drop: Trader Sees 2nd-Biggest Crypto Sliding To $800 If This Happens

Major coins fell sharply on Thursday evening as the global cryptocurrency market cap lost 4% to $960.8 billion at 8:15 a.m. EDT. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -2.8% 1.8% $19,677.82 Ethereum (CRYPTO: ETH) -10.35% -10.1% $1,469.05 Dogecoin (CRYPTO: DOGE) -3.9% -3.6% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Cosmos (ATOM) +7.4% $14.99 Golem (GLM) +7% $0.33 Quant (QNT) +4.3% ​​$103.30 See Also: Best USDC Interest Rates Why It Matters: Ethereum tanked after successfully completing its transition to a proof-of-stake network in an event dubbed “The Merge.