At the beginning of the week, the prices of popular cryptocurrencies Dogecoin $0.249998 and Shiba Inu experienced a sudden and sharp decline. The general downturn in global markets, coupled with the new import tariffs announced by the U.S. and liquidation pressures, are identified as the primary reasons for this drop. Investors continue to adopt a cautious approach in an environment marked by rising uncertainty.
Global Developments Impacting the Market
The new import tariffs announced by U.S. President Donald Trump have exerted pressure on both financial markets and cryptocurrencies. The potential effects of these tariffs on global supply chains and inflation have heightened investors’ risk perception. Experts emphasize that such policy moves directly impact volatile assets like cryptocurrencies.
The
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