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Although the market generally believes that Trump's tariff remarks have disturbed sentiment in the crypto market, the sudden plunge in altcoins was far greater than expected. What exactly triggered this unexpected collective drop in altcoins?
Analysts say XRP’s downturn reflects profit-taking and fading bullish momentum, though potential ETF approvals could restore investor confidence.
Over 1.63 million people were liquidated in the market, and market sentiment shifted overnight from greed to fear.
Tariffs have reignited the US-China trade war, causing trillions in stock market value to evaporate and shaking global markets.
Some stayed up all night, some saw their portfolio go to zero overnight; once again, the crypto world staged a "doomsday reboot" amidst the storm.
- 08:01Data: ether.fi repurchased over 360,000 ETHFI last week, bringing the protocol's total buyback amount to $11,770,993ChainCatcher news, the ether.fi Foundation announced in a post that it spent 300,000 USDT last weekend to buy back 367,674.76 ETHFI. The total amount repurchased by the protocol has risen to 11.77 million USD. As of press time, ETHFI is priced at 0.825 USD, up 3.78% in the past 24 hours, with a total market capitalization rebounding to 640 million USD.
- 07:59[Day 4 Live] 10x Challenge: 100% Profit Achieved!In just 3 days, the streamer doubled his capital from $500 to $1000. How did he make it? Watch the live now and hear their secrets! Join the live: https://www.bitget.com/zh-CN/live/room/1381819355970064384
- 07:47Enterprise payment and financial platform Airwallex completes $330 million financing round, led by AdditionJinse Finance reported, citing Bloomberg, that corporate payments and financial platform Airwallex has completed a $330 million financing round at a valuation of $8 billion, led by Addition, with participation from Activant, Lingotto, and TIAA Ventures. In addition, Airwallex announced that San Francisco will become its second global headquarters, and the U.S. team plans to expand to over 400 people in the coming year.