A significant downturn in the cryptocurrency market has captured attention globally. Leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and XRP have experienced substantial value drops. Notably, BTC hit a low of $103,000 today. The decline is attributed to two key factors: escalating trade tensions between China and the US, sparked by Donald Trump’s accusations on Truth Social, and growing market anticipation that the US Federal Reserve won’t lower interest rates. 24 hours saw an alarming $186 billion in total market value lost, with CoinMarketCap reporting a 3.15% dip to $3.35 trillion. Among top cryptocurrencies, Dogecoin suffered the most significant losses within the top ten.