Crypto Market Plummets: $186 Billion Lost Amidst Downturn

The cryptocurrency sector has experienced a sharp decline, with major tokens like Bitcoin, Ethereum, Dogecoin, and XRP losing substantial value. Bitcoin recently dropped to an unprecedented low of $103,000. This downturn is fueled by several factors, including global economic events and accusations from former U.S. president Donald Trump about China’s trade practices. Fears of the Federal Reserve maintaining current interest rates have also dampened market sentiment.