Trump's Tariffs Remain Uncertain, Dogecoin Plummets 16.72%
Dogecoin (DOGE), the meme coin with the dog logo, has plummeted 16.72% in the last week as investors worry that the tariffs imposed by U.S. President Donald Trump will lead to market losses.
The favorite token of Elon Musk is now sold at $0.1905 and has become the cryptocurrency with the largest decline compared to the other top 10 cryptocurrencies.
Previously, Trump accused China of violating a recent trade truce. This was acknowledged by Treasury Secretary Scott Bessent, who stated that talks with the Bamboo Curtain Nation have stalled.
This not only affects altcoins but also Bitcoin, the largest cryptocurrency in the world. The coin fell 4.40% in the last week to $103,000 after previously reaching its all-time high of $111,000.
