Crypto prices surged last Sunday after Trump announced his plans to ban crypto. his “crypto reserve,” What would you say? formalized via executive order As a stockpile of digital assets days later. But following an eventful week, many of the top coins have given up all of those gains—and, in some cases, have fallen even lower.
Dogecoin According to data from CoinGeckoIt is currently priced at $0.18. This represents a fall of almost 8%. This is the lowest recorded price since November 1, when the coin was pumped following Trump’s victory.
Meme coin sales have been largely affected in recent weeks. Trump’s own TRUMP token The following are some of the most effective ways to improve your own effectiveness. Solana The price of oil has dropped sharply since its January initial pump. LIBRA coin promoted by Argentine President Javier Milei The month of February was marked by controversy.
DOGE’s share price has fallen by 30 percent in the past 30 days.
The top 10 coins are all down except for dollar-pegged Stablecoins. Bitcoin falling nearly 4% to a current mark of $83,250—nearly back to where it was last Sunday before the Trump pump. Ethereum is also down almost 4%.
XRPThe price has dropped by more than 7%, to $2.18. This is just below the previous Sunday’s Ripple asset, before Trump announced his plan for a stockpile. Solana was another coin that he mentioned. It is now down by 3% to $133. That’s also below where it was before the price skyrocketed last Sunday.
Cardano (ADA), the other altcoin that Trump mentioned, has done a better job of holding on to a sliver of its gains—but is still down sharply on the day. ADA’s price has dropped by almost 7% to $0.765, and is up 17% over the past week.
According to data provided by Crypto Futures, positions worth $276 millions in crypto futures have been liquidated over the past 24 hours. CoinGlassThe vast majority of liquidations are made up by long positions.
Daily Debrief You can also read our newsletter.
Get the latest news, original features, podcasts, videos, and much more.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: decrypt.co