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Benzinga
Benzinga
Business
Melanie Schaffer

Shiba Inu Attempts Recovery With Dogecoin, Bitcoin: Why A Bigger Bounce May Come

Shiba Inu Crypto Bitcoin Dogecoin

Shiba Inu (CRYPTO: SHIB) was trading about 5% lower at press time, which represented somewhat of a recovery from the 27% decline the crypto had suffered earlier in the 24-hour trading period.

The cryptocurrency sector took a turn for the worse Wednesday evening, with Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and retail favorite Dogecoin (CRYPTO: DOGE) plummeting 12%, 18% and 23%, respectively, which brought the three cryptos to 52-week lows.

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