Crypto Market Plunges: XRP, Solana, and Dogecoin Drop Sharply Amidst Global Economic Concerns

The cryptocurrency market experienced a dramatic downturn early Monday, with Bitcoin (BTC) falling below $75,000. Major altcoins like XRP, Solana (SOL), and Dogecoin (DOGE) saw significant declines of over 20% in 24 hours, driven by concerns about global economic turmoil. Bitcoin’s drop below the key $75,000 level triggered a wave of selling across the market as traders sought refuge in safer assets like gold and the Japanese yen.