The U.S. stock market experienced a sharp downturn, wiping out nearly a year’s gains in days, driven by tariff announcements from President Trump. Major indices suffered severe losses: Dow Jones down 9.2%, S&P 500 down 10.5%, and Nasdaq down 11.4%, despite a positive jobs report. China retaliated with a 34% tariff on U.S. goods, overshadowing […]
The Pi Network Coin has experienced a significant decline in value, dropping over 77% from its February 2025 high of $2.98 to around $0.56. The market cap has dramatically reduced from $20 billion to $4.66 billion due to an influx of new tokens. An upcoming supply surge, potentially reaching 8 billion PI tokens, threatens market […]
Cryptocurrencies, initially viewed as a shield from traditional finance instability, are now affected by geopolitical and economic turmoil. Significant drops were seen in assets with Coinbase Global falling 4%, MicroStrategy 3%, and miners like MARA Holdings, Riot Platforms, and Bitfarms declining by 4-6%. The values of Bitcoin and Ether also decreased, by 2.3% and 3.3% […]
XRP price struggles to break through the $2.20 resistance level, mimicking recent pressures experienced by Bitcoin and Ethereum. The price has dropped below critical levels, with a bearish trend line forming on the hourly chart. Currently, the price is below the 100-hourly Simple Moving Average, with support at $2.10 from a previous 61.8% Fibonacci retracement. […]