The past week was a rollercoaster ride for the cryptocurrency market. From Bitcoin and other major cryptocurrencies facing a dip due to macroeconomic uncertainty, to Ripple’s XRP climbing amid a significant investment, the crypto world was buzzing with activity.
Adding to the intrigue, Elon Musk, CEO of Tesla Inc., signaled agreement with a warning about Bitcoin potentially replacing the dollar. Let’s dive into the details.
Bitcoin, Ethereum, XRP, Dogecoin Dip Amid Macro Uncertainty
The crypto market faced pressure as macroeconomic headwinds resurfaced. The ADP employment report indicated a slowdown in hiring, and renewed tariff uncertainty shook investor sentiment. This resulted in a dip in major cryptocurrencies, including Bitcoin, Ethereum, …