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Cryptocurrency Plunge: New Tariffs Shake Markets Amid Economic Uncertainty
The cryptocurrency market experienced a sharp downturn due to new U.S. tariffs on China, significantly impacting XRP, Dogecoin, and other major cryptocurrencies. Bitcoin’s value plummeted by 7%, nearing alarming lows, while Ether, Cardano’s ADA, and BNB Chain’s BNB fell by approximately 9%.