🔸DOGE, SOL and XRP among the Altcoins Most Affected by Economic Uncertainty
Alternative cryptocurrencies (altcoins) are experiencing significant declines for the second consecutive week. Today, XRP, Solana (SOL), and Cardano (ADA) dropped more than 3%, while Dogecoin (DOGE), Avalanche (AVAX), and Sui (SUI) fell more than 5% in the last 24 hours.
These losses come as investors await important decisions from the U.S. Federal Reserve regarding interest rates and other key economic data to be released in the coming days. The market is also keeping an eye on employment reports and the tariff deadlines from the Donald Trump administration.
In contrast, Bitcoin (BTC) has remained relatively stable around $117,312, showing greater strength amid this macroeconomic uncertainty. The decline of the altcoins has intensified due to leveraged bets from traders, who are now unwinding their positions.