Why Is the Crypto Market Down Today and How Traders are Playing BTC, XRP, SOL Dip

in #trending27 days ago

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The introduction of heavy tariffs by the Trump administration is causing volatility in the crypto market, with Bitcoin and Ethereum experiencing significant price drops.
Analysts suggest that while short-term uncertainty prevails, there is potential for bitcoin to become a hedge against inflation if the dollar weakens due to prolonged economic strain.
The tariffs could lead to stagflation and a shift towards bitcoin as a decentralized store of value, with institutional investors continuing to accumulate despite market turbulence.