Bogdan
@w3-culture
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18 Followers
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The cryptocurrency market is experiencing significant volatility, driven by global economic uncertainty and trade tensions. Here's a snapshot of the current situation:
Key Developments
Bitcoin's Decline: Bitcoin has hit a new low for 2025, dropping by as much as 5.5% and settling at a decrease of 2.1% recently. This downturn reflects broader market concerns about rising tariffs and potential global trade conflicts.
Impact on Crypto Stocks: U.S.-listed shares of crypto companies like MicroStrategy, Coinbase, and Robinhood have seen substantial declines. MicroStrategy fell over 7%, while Coinbase dropped 6%, and Robinhood decreased by 4%.
Altcoin Performance: Altcoins like Movement (MOVE) are facing challenges, with a recent 44% correction and an upcoming token unlock that could further impact its price. On the other hand, EOS has shown resilience, recovering 57% in late March, though it faced a 15% pullback recently. 0 reply
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