Bitcoin, XRP, ETH’s Pullback: Key Factors Behind The Recent Drop
August 19, 2025 · 6:00 AM
The cryptocurrency market is facing significant price declines, particularly for Bitcoin (BTC), Ethereum (ETH), and XRP, which have dropped 6.5%, 5.2%, and 3.8% respectively. Other cryptocurrencies, including Solana (SOL) and Dogecoin (DOGE), have also experienced losses. This downturn is attributed to macroeconomic factors, including concerns over sustained high interest rates and the U.S. government's stance on Bitcoin reserves.
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