DOGE, ADA Lead Crypto Gains as Bitcoin Inches Towards $85K Ahead of Tariffs Kick-In
Bitcoin (BTC) was inching towards 85,000 during European trading hours on Tuesday as traders largely await the impact of U.S. tariffs slated for Wednesday.
Dogecoin (DOGE) and Cardano (ADA) rose over 7% to lead muted gains among majors, with ether (ETH), XRP, Solana’s SOL and BNB Chain’s BNB were up nearly 5%.
Overall market capitalization decreased 3%, CoinGecko data shows, with the broad-based CoinDesk 20 bumped 3% in the past 24 hours.
The movements come amid a broader risk-off mood gripping markets, with U.S. equities stumbling — the S&P 500 logged a 3% drop last week, its worst since September 2023, and a rush to safe-haven asset gold, which surged to fresh highs early Tuesday.
The looming tariffs, paired with a flurry of U.S….
