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Why is Bitcoin, Ethereum, XRP, and Dogecoin Price Dropping Today?

source-logo  coingape.com 28 March 2025 10:54, UTC

The crypto market has dropped today, March 28, with Bitcoin price dropping below $86,000. This decline in BTC price has also affected Ethereum, XRP, and Dogecoin. This widespread market crash has been caused by a massive sell-off in the spot market as depicted by data from Bitfinex. Macroeconomic concerns such as Trump’s fresh tariffs and the PCE inflation data are also causing market anxiety.

coingape.com