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Crypto Market Takes a Hit: XRP and Dogecoin Plunge Amid U.S.-China Tariff Fears

Crypto Market Takes a Hit: XRP and Dogecoin Plunge Amid U.S.-China Tariff Fears

BUSINESS - 2/28/2025

The crypto market suffered significant losses on Friday as XRP and Dogecoin plunged over 10%. This turmoil follows the announcement of fresh U.S. tariffs on China, raising fears of an escalating trade war. Bitcoin dipped to near $79,000, marking a nearly 30% fall since January's peak. With overall market sentiment bearish, traders are anxious about the impact of upcoming economic decisions from China.

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