Altcoins Slump as Bitcoin Wavers Near $105K Amid Tariffs

Altcoins Slump as Bitcoin Wavers Near $105K Amid Tariffs
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

Major altcoins like XRP, Solana, and Dogecoin saw declines as Bitcoin struggled near the $105,000 mark. Investors grappled with new U.S. steel tariffs and weak economic data, adding pressure to risk-on assets. Ethereum, however, bucked the trend with modest gains.

  • XRP, Solana, and Dogecoin fell 2.2%, 1.2%, and 3%, respectively, while Bitcoin wavered near $105,000.
  • U.S. steel tariffs and weak economic indicators, including a poor ADP jobs report, weighed on crypto markets.
  • Ethereum rose 0.7%, with its ETFs attracting $190M, outperforming Bitcoin ETFs amid broader market declines.
Notifications 0