Crypto Market Slump: Ethereum, XRP, and Others Plummet Amidst US-China Tension

The cryptocurrency market has experienced a sharp downturn after President Trump’s warning against China triggered concerns in the global economy. 4.4 trillion USD was recorded as the total capitalization hit record highs just this week, but the current sentiment is turning bearish. Ethereum, XRP, SOL, and DOGE are some of the worst performers today, witnessing significant losses after the market reaction to Trump’s statement against China.