{"id":29396,"date":"2025-05-30T08:46:47","date_gmt":"2025-05-30T08:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29396"},"modified":"2025-05-30T08:46:47","modified_gmt":"2025-05-30T08:46:47","slug":"dogecoin-dives-9-cardanos-ada-sol-slump-6-as-renewed-tariff-fears-jolt-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29396","title":{"rendered":"Dogecoin Dives 9%; Cardano\u2019s ADA, SOL Slump 6% as Renewed Tariff Fears Jolt Markets"},"content":{"rendered":"<div>\n<p>Dogecoin DOGE nosedived 9%, while Cardano\u2019s ADA ADA and Solana\u2019s SOL  SOL each fell 6% in the past 24 hours as Trump\u2019s reinstated tariffs reignited trade tensions.<\/p>\n<p>A swift legal reversal saw the U.S. Court of Appeals for the Federal Circuit issue a temporary stay on Wednesday\u2019s lower court ruling that had struck down the tariffs, allowing them to remain in place while the government appeals.<\/p>\n<p>The tariffs, announced on April 2 and dubbed \u201cLiberation Day\u201d duties by Trump, target nearly all U.S. trading partners and were imposed under the 1977 International Emergency Economic Powers Act.<\/p>\n<p>Bitcoin BTC slid below $106,000 while ether ETH lost the $2,700 mark amid the renewed uncertainty. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell 4%.<\/p>\n<p>\u201cThe price of Bitcoin fell after Trump\u2019s tariffs were reinstated by an appeals court, while U.S. GDP figures showed the economy shrank in the first quarter,\u201d said Nick Ruck, director at LVRG Research, in a Telegram message.<\/p>\n<p>\u201cGold surged higher as jobless claims increased and corporate profits fell. Although the Fed continues to see inflation as a threat, we\u2019re optimistic that Bitcoin will rebound as investors look for long-term value holds during volatile market fluctuations,\u201d Ruck added.<\/p>\n<p>Market sentiment appeared cautious, with the total crypto market capitalization flat at $3.42 trillion.<\/p>\n<p>\u201cCryptocurrencies prefer not to notice positive stock market movements as they are related to tariffs and company reports, not money supply,\u201d noted Alex Kuptsikevich, chief market analyst at FxPro, in an email to CoinDesk.<\/p>\n<p>\u201cBitcoin retreated from the trading range\u2019s upper boundary at $110k to its lower boundary at $107K. This rest at previous highs effectively removes the local overheating of the market.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin DOGE nosedived 9%, while Cardano\u2019s ADA ADA and Solana\u2019s SOL SOL each fell 6% in the past 24 hours as Trump\u2019s reinstated tariffs reignited trade tensions. A swift legal reversal saw the U.S. Court of Appeals for the Federal Circuit issue a temporary stay on Wednesday\u2019s lower court ruling that had struck down the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29396","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29396"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29396\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}