Bitcoin’s 9% weekly drop has triggered a broader crypto sell-off, with XRP, Dogecoin, and Cardano each tumbling around 26%. XRP, once at a seven-year high in January, has slid to $2.33, partly due to technical issues with its blockchain. Dogecoin fell to $0.248, and Cardano dropped to $0.71 after a strong late-2024 rally.
Learn how to trade Crypto with Top Forex brokers
The slump comes amid escalating U.S.-China trade tensions, with fresh tariffs and China’s antitrust probe into Google unsettling global markets. Ethereum is down 18%, Solana 21%, and Bitcoin remains below $100K. While Dogecoin briefly rebounded 10%, overall market sentiment remains shaky.
Subscribe for our newsletter
Get Forex brokers reviews, market insights, expert analytics and education material right into your inbox for free!