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The price of Dogecoin (CRYPTO: DOGE) traded 3.2% lower, while XRP (CRYPTO: XRP) had fallen 3.1%. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
China, Mexico, and Canada were the initial targets, and rhetoric heated up Sunday night, so while the stock market slept, the crypto market tanked, highlighted by Ethereum dropping 20% in an hour.
Ethereum (CRYPTO: ETH) was the big mover, dropping over 20% within an hour on Sunday night. As I'm writing, the token is down 21.3% from Friday's close and 14.8% in the past 24 hours.
The crypto bull market seems intact for now and I think it likely has legs heading into 2025. That said, timing any sector or market is incredibly difficult and even more so for the volatile ...
The meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 4.3% and 4.6% lower, respectively. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
Image source: Getty Images. Why a good economy is bad for crypto. At the end of the day, cryptocurrencies are still a speculative asset. As a result, their values go up when interest rates go down ...
Trump has made good on his promises to crypto stakeholders so far, so the backdrop is still favorable. The sector is volatile and often takes breathers only to rise again the next day.
In the crypto market, bitcoin dropped below $50,000 (£39,000) for the first time since February, while Ethereum (ETH) saw its value fall more than $1,000 in a matter of days, down from $3,300 at ...