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Why Altcoins Were Flopping on Friday

30 May 2025
in Business
Why Altcoins Were Flopping on Friday
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On a forgettable Friday, the equities market’s decline and concerns over global trade led investors to steer clear of cryptocurrencies, with few showing any positive movement. Ethereum (CRYPTO: ETH) fell nearly 3%, while other notable declines included Solana (CRYPTO: SOL) at 4%, Chainlink (CRYPTO: LINK) at almost 7%, and Dogecoin (CRYPTO: DOGE) dropping over 8%. The ongoing trade war, marked by tariffs from the Trump administration, continued to fuel fears among crypto investors about its potential impact on economic growth.

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