#TrumpTariffs $DOGE, ADA, XRP Plunge Amid Weekend Selloff: Market Pullback Signals Fragility

The cryptocurrency market faced a significant downturn over the weekend, with $DOGE, Cardano’s $ADA, and $XRP each tumbling more than 7% as traders moved to take profits following a robust week of gains.

Market Turns Red After Week-Long Rally

On Saturday, May 24, 2025, sentiment shifted sharply as Bitcoin ($BTC) fell from a weekly high of $111,200 to just over $107,000. The drop came amid escalating geopolitical tensions, particularly fears of a revived tariff war between the U.S. and the European Union after comments by former President Donald Trump.

This sudden reversal in momentum dragged down major altcoins. $DOGE dropped 2.93% to $0.2223, while $ADA slipped 2.08% to $0.7412, and $XRP fell 1.03% to $2.3156. Other popular tokens like $AVAX, $LINK, $HBAR, and $TRX also saw losses of more than 2%.

Analysts Point to Low Liquidity and High Volatility

Despite a strong start to the month, analysts warn that the rally was built on fragile grounds. According to Alex Kuptsikevich, chief analyst at FxPro, the current $BTC rally, while backed by macroeconomic tailwinds like ETF inflows and institutional buying, is still vulnerable due to the broader market’s low liquidity.

Ethereum ($ETH), for instance, continues to struggle at its 200-day moving average near $2,650. With no strong support zones established, the risk of further corrections in altcoins like $DOGE remains elevated.

Broader Market Stats

$BTC: $107,882.67 (−0.09%)

$ETH: $2,507.93 (−1.49%)

$DOGE: $0.2223 (−2.93%)

$ADA: $0.7412 (−2.08%)

$XRP: $2.3156 (−1.03%)

$BNB NB: $665.36 (+0.20%)

$SOL: $172.37 (−1.79%)#MarketPullback #ETHMarketWatch

Haiyang Ru, co-CEO of HashKey Group, commented that $BTC’s movement often drags altcoins with it. “If $BTC becomes volatile, traders tend to rotate into regulated stablecoins, especially as U.S. and Hong Kong offer clearer frameworks now,” he said.