"To say it's been a bad few days for Bitcoin and other cryptocurrencies would be an understatement. As of the time of this writing, Bitcoin is trading in the range of $77,000 per coin-a price point not seen since last March, when the world was thrown into economic uncertainty by President Donald Trump's tariffs. And Bitcoin isn't the only crypto facing a bloodbath."
"Other major tokens, including Ethereum and BNB (Binance) are also in free-fall. XRP, the closely watched native token of the XRP Ledger from Ripple Labs, dipped below $1.60 earlier on Monday, a level it hasn't seen since 2024. Here's what you need to know. Cryptocurrencies plunged over the weekend Nearly all major cryptocurrencies plunged this weekend, with the tokens seeing drastic selloffs, particularly on Saturday."
Bitcoin is trading around $77,000 per coin, a level not seen since last March when President Donald Trump's tariffs contributed to economic uncertainty. Other major tokens including Ethereum and BNB are also in free-fall. XRP dipped below $1.60 earlier on Monday, matching lows not seen since 2024. Nearly all major cryptocurrencies plunged over the weekend, with particularly drastic selloffs on Saturday. Over the past five days many major cryptos suffered double-digit percentage declines. Market conditions have shifted sharply downward across the cryptocurrency sector, producing widespread rapid losses for large-cap tokens.
Read at Fast Company
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