📉 Hot Market Update: #BNB , #PEPE , SOL, #XRP , DOGE, #SUI 🚨
#TrumpTariffs #RedMarket #CryptoNews
👉👉👉 The crypto market faced heavy selling pressure on May 30, 2025, with leading tokens showing significant losses across the board. BNB dropped by 3.65% to $648.31, while Bitcoin (BTC) slipped to $103,838.11, down 1.85%, failing to hold the $105K mark. Ethereum (ETH) followed with a sharp 4.22% decline, settling at $2,496.56. Meme coin PEPE led the losers, crashing 13.64% to $0.00001133, reflecting the broader risk-off sentiment. Other major altcoins like Solana (SOL) at $154.35 (-5.82%), XRP at $2.11 (-3.49%), DOGE at $0.18895 (-9.01%), and SUI at $3.11 (-9.34%) also posted heavy losses.
This broad-based correction was driven by a mix of geopolitical and market-specific pressures. Rising tensions between the U.S. and China over trade and tariff disputes triggered fears across global financial markets. On the technical front, Bitcoin’s drop led to over $683 million in leveraged positions getting liquidated, accelerating the sell-off. Meanwhile, regulatory uncertainty and worries about future interest rate hikes continue to dampen investor confidence. Despite the red wave, analysts suggest this pullback could be a healthy correction and a potential entry point for long-term investors. Traders are urged to remain cautious and monitor global developments closely as the market navigates through this turbulence. 📊🛑
