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Crypto King Mazhar

02/10 10:17

XRP, SOL prices tank as over $2b wiped from crypto

XRP, SOL prices tank as over $2b wiped from crypto market after tariffs announced by Trumpcrypto-news-XRP-Ripple-option01.webp

The crypto market has plunged into the fear zone of the crypto fear and greed index, sliding to sentiment levels last seen in October 2024.

A mix of fresh U.S. tariffs, weak liquidity, and panic selling wiped over $2 billion from the market in the last 24 hours, according to data from Coinglass. Amid the chaos, Bitcoin BTC-4.42%Bitcoin price dropped nearly 6% to around $91,200 before bouncing back slightly, but altcoins took an even harder hit.
Sell-off: another typical weak Monday driven by low liquidity and CTAs chasing – Asia market these days can’t take any negative news nor apply independent thinking.

The tariffs won’t lead to much productivity shock or inflation shock for the U.S. – market will recover soon.
#Share Your Thoughts on Popular Assets in March#Hit March's Interaction Leaderboard#BTC price hits a new high of $120,000!
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