List of Flash News about ETH decline
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14:42 |
Bitcoin (BTC) and Major Altcoins Slump: Trade Tariff Tensions Trigger Crypto Selloff, ETH, SOL, DOGE Drop Over 5%
According to CoinDesk, cryptocurrencies saw a sharp selloff late Thursday, with Bitcoin (BTC) dropping more than 2.5% to $105,900 and altcoins like Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) recording declines between 5-7%. The downturn accelerated as President Trump renewed trade tariff threats and geopolitical risks around Iran increased, prompting traders to de-risk. Despite U.S. equities closing with modest gains, the crypto market failed to recover, showing heightened sensitivity to macro uncertainty. Market data shows BTCUSDT trading at $102,353, ETHUSDT at $2,304, SOLUSDT at $136, and DOGEBTC at 0.00000222, reflecting broad-based losses. Traders should monitor further macro developments and Fed policy signals, as weak U.S. economic data could influence future crypto direction (Source: CoinDesk, U.S. Government Statements, Exchange Data). |