Cryptocurrency Market Suffers Major Downturn Amidst Trade Tensions

The cryptocurrency market experienced a significant decline over the weekend, with various major coins experiencing sharp losses. Dogecoin dropped by more than 8%, followed by PEPE falling by 12%. Bitcoin’s price decreased by over 2%, trading at slightly above $103,600. Ethereum saw a drop of nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA, and SOL all experienced declines ranging between 2% and 5%. Analysts attribute this market volatility to the recent resurgence of trade tensions, predicting continued instability for the foreseeable future.