Dogecoin Price Under Pressure as Trade War Fears Intensify

The cryptocurrency market is facing uncertainty due to escalating trade tensions between the U.S. and China, impacting even meme coins like Dogecoin (DOGE). President Trump’s recent announcement of a 100% tariff on Chinese goods has triggered global economic fears, including rising inflation and a potential job market slowdown. This volatile environment is negatively affecting risk assets globally, making investors more cautious about speculative investments like Dogecoin, which relies heavily on hype rather than fundamental value.