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@ CoinDesk - by layer3.news
2025-05-24 07:36:33
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✍️ The crypto market experienced a significant drop over the weekend, with major cryptocurrencies like Dogecoin, Cardano, and XRP falling over 7% due to profit-taking and concerns about a tariff war with the European Union.
👉 Dogecoin, Cardano, and XRP fell over 7% due to profit-taking
👉 Concerns about a tariff war with the European Union led to the decline
👉 Bitcoin fell from a daily high of $111,200 to just over $107,000
👉 The CoinDesk 20 (CD20) fell 2.2% as traders moved to lock in gains
👉 Analysts warn that if BTC doesn't establish a new support zone, altcoin losses could deepen
#DonaldTrump #HaiyangRu #AlexKuptsikevich #EuropeanUnion #HongKong #UnitedStates #technology
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