Cryptocurrency Market Faces Significant Decline Amid Trade Tensions

According to PANews, the cryptocurrency market experienced a notable downturn over the weekend, with Dogecoin dropping over 8% and PEPE falling by 12%. Bitcoin's price decreased by more than 2%, trading slightly above $103,600. Ethereum saw a decline of nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA, and SOL all fell between 2% and 5%. Analysts attribute this economic downturn to the renewed escalation of trade tensions, predicting continued market volatility.