Bitcoin price hits multi-day low as data warns of 'overbought' stocks

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Bitcoin price hits multi-day low as data warns of 'overbought' stocks
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Dogecoin is the day's sole crypto high flyer as Bitcoin faces stocks gloom.

The index was down 0.3% on the day at the time of writing, while the Nasdaq Composite Index traded down 1%.On altcoins, it was Dogecoin leading the gains amid an otherwise flat top ten cryptocurrencies by market cap.DOGE/USD passed $0.09 for the first time since May 18 on the day, marking gains of 86.5% versus the pair's recent macro bottom in mid-June.

By contrast, Ether was unmoved over the past 24 hours, nonetheless trading under $1,900.James Stanley, senior strategist at trading firm DailyFX, was nonetheless bullish on ETH/USD versus its own June lows,The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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