Bitcoin, Ethereum, XRP, Dogecoin Turn Red As Tariffs Threat Returns
Posted On May 23, 2025
Cryptocurrency markets are trading lower amid heightened macroeconomic tensions, including a fresh tariff threat by president Donald Trump.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $108,866.35 | -2.5% |
Ethereum (CRYPTO: ETH) | $2,565.30 | -3.7% |
Solana (CRYPTO: SOL) | $179.62 | +0.04% |
XRP (CRYPTO: XRP) | $2.36 | -2.91% |
Dogecoin (CRYPTO: DOGE) | $0.2345 | -3.2% |
Shiba Inu (CRYPTO: SHIB) | $0.00001477 | -3.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 26.2% and daily active addresses growing by 5.75%. Transactions greater than $100,000 are up from 14,030 to 16,506 in a single day. Exchanges netflows are down by 51.8%.
- Coinglass data reports 161,179 traders were liquidated in the past 24 hours for $563.57 million.
Notable Developments: