Crypto Market Update: Dogecoin Up, Ethereum Rivals Surge, Bitcoin Falls.

Bitcoin and Ethereum experienced a dip in their prices while Dogecoin remained stable. The global crypto market capitalization decreased by 1.51% over the last day. Bittrex, a Seattle-based cryptocurrency exchange, responded to a lawsuit filed by the SEC accusing the exchange of operating as an unregistered securities exchange, broker, and clearing agency. Analysts suggest that the appeal for cryptocurrencies is dampening due to the surge behind Treasury yields and the easing of Fed lending to banks. Ethereum's recent Shanghai upgrade may indicate the commencement of a new alt season.