Hold onto your hats, crypto enthusiasts, because the rollercoaster ride isn't over yet! Ethereum just had a close call, dipping towards the $2,000 mark but managing to hold its ground – for now, at least.
Bitcoin, the king of crypto, teased us with a sprint past $94,000, only to pull a vanishing act and tumble below $84,000. Poof! Just like that, Sunday's gains were history.
And if you think that's wild, the altcoin scene is even crazier. Coins like SOL, DOGE, ADA, LINK, and the gang are nursing double-digit losses over the past 24 hours. It's like a red sea out there!
Now, who could have predicted this whirlwind of volatility? The crypto market took a wild turn after Donald Trump made headlines with plans for a crypto reserve. Prices shot up faster than a rocket, especially for the coins he casually mentioned. But just as the party started, Trump's tariffs loomed large, yanking Bitcoin from its high perch at $95,000 to under $90,000. To add to the drama, military funding to Ukraine was paused, and Bitcoin took another nosedive to $82,500. It's clawing its way back, but it's still down by nearly 10% for the day.
The total crypto market is feeling the heat too, shedding more than $300 billion to dip below $2.9 trillion. It's a sea of red, my friends, with Ethereum sliding to $2,100, XRP down to $2.35, and SOL plunging under $140. And it's not just them – DOGE, ADA, LINK, LTC, AVAX, SUI, XLM, SHIB, and more are all caught in this whirlwind.
So there you have it, folks! If you want to stay ahead of the game in this wild and wacky crypto world, make sure you don't miss out on these updates. Buckle up, because who knows what tomorrow will bring!
