Bitcoin and other altcoins have shown sharp price declines linked to economic measures announced by US President Donald Trump. Amid this, cryptocurrency analysis service Santiment noted increased interest in several assets.
Impact of Tariffs on Cryptocurrencies
The tariff measures announced by the US are negatively impacting markets, including the cryptocurrency sector. Bitcoin and altcoins continue to fall as trade relations uncertainty alarms investors.
Cryptocurrencies Gaining Investor Interest
According to Santiment, popular assets include Solana (SOL), Ethereum (ETH), Ripple USD (RLUSD), Tether (USDT), Cardano (ADA), and Binance Coin (BNB). Investors actively discuss these in social media despite the overall negative market trend.
Trends and Predictions for Popular Altcoins
Each of the mentioned assets demonstrates various levels of discussion and forecasts. Solana enjoys increased interest due to analytics and technical analysis. Ethereum is actively discussed in connection to the transition to Ethereum 2.0. Ripple USD, a new stablecoin, attracts attention due to integration with Ripple’s payment systems.
The situation in the cryptocurrency market remains under pressure from economic factors, yet the interest from investors in specific altcoins like Solana and Ethereum shows the market's readiness for recovery.
