The fall of XRP, Dogecoin and Cardano by 26 % while Bitcoin struggles with continuous trade war tensions

The Bitcoin price decreased by almost 9 % over the past week, which led to a wider decrease through the encryption market.

The Bitcoin price decreased by almost 9 % over the past week, which led to a wider decrease through the encryption market. In particular, XRP, Dogecoin and Cardano have seen significant decreases, each of which has fallen around 26 % of its value in the past seven days. XRP, which has reached the highest level in seven years earlier in January, is now sitting at $ 2.33, a decrease in more than $ 3. The distinctive symbol is put pressure, partially due to technical problems with XRP LEDGER Blockchain earlier this week, adding to its total decrease by 21 % during the past week.

Dogecoin, the largest Mimi currency, followed a similar landline, as it decreased from $ 0.34 to $ 0.248 last week, a decrease of 26 %. This volatility is not a new matter for Dogecoin, a currency often affected by the unexpected market forces and social media trends. Cardano, another currency, was hit more difficult, a decrease of approximately 27 % to $ 0.71 from $ 0.98 last week. After a strong gathering until late 2024, when its price rose from $ 0.33 to more than $ 1, Cardano has since then has struggled, indicating the typical fluctuation of the encryption market.

The sharp declines in the prices of these coins come amid a period of increased uncertainty in the global financial scene. The American trade war continues during the era of President Donald Trump to influence global markets. While Trump stopped the customs tariff on Canada and Mexico, 10 % of the customs tariff entered Chinese goods this week, and tensions are escalating. China took revenge, imposed its own tariff and launched an investigation to combat monopoly in Google. These moves contributed to the general sense of uncomfortable global markets, including cryptocurrencies.

This uncertainty had a direct impact on encryption prices. Other major encrypted currencies have seen significant losses, as ETHEREUM decreased by 18 % during the past week, which is now $ 2700. Solana decreased by 21 %, and bitcoin remains less than $ 100,000, reflecting the broader market.

Despite the losses, there was some recovery, especially for Meme currencies such as Dogecoin, which gained 10 % on Tuesday, which prompted its price to nearly $ 0.29. However, comprehensive feelings in the encryption market are still fragile, and the future of these assets is not certain, with many factors such as continuous trade tensions and instability in the market on the investor’s confidence. Crystration and traders closely monitor the political and economic situation, knowing that it can dictate the next step for digital assets.

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