Big-Picture Uncertainty Takes a Crypto Toll
Cryptocurrencies have had an incredible run over the past few months, but that’s coming to an end as many altcoins are crashing this week.
According to data provided by S&P Global Market Intelligence, Solana (SOL 5.85%) had dropped 14.5% over the past week as of 4 p.m. ET, Chainlink (LINK -2.58%) was down 15.9%, Sui (SUI 0.87%) had fallen 14.9%, and Cardano (ADA -3.01%) was down 17.4%.
A skittish market hits crypto
For cryptos, the policy and enforcement environment in the U.S. is improving, but the market is looking at the economy as a potentially damaging headwind in 2025.
President Donald Trump said tariffs on imports from China, Canada, and Mexico could begin next week and more may be coming. That…
