PANews reported on May 31 that according to CoinDesk, the cryptocurrency market suffered a sharp drop this weekend, with Dogecoin falling more than 8%, PEPE falling 12%, and Bitcoin falling more than 2%, trading at just over $103,600. ETH fell nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA and SOL all fell 2-5%. Analysts believe that the recession is related to the renewed escalation of trade tensions, and market volatility is expected to continue.
Analysis: Escalating trade tensions triggered a weekend crypto market correction, risk aversion heats up
Share to:
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
