In brief
- Solana fell over 10% in the past week to $156, while Dogecoin and XRP posted sharper declines of 14% and 5%, respectively.
- Broader digital asset retreat tied to renewed macroeconomic uncertainty and rising global trade tensions.
- Muted DeFi activity, low futures volume, and shifting risk appetite are signs of weakening retail-driven momentum, Decrypt was told.
Solana slipped Monday, while XRP and Dogecoin held steady, as all three lagged behind Bitcoin over the past week.
The broader pullback in digital assets over the past week comes amid renewed investor caution, primarily driven by trade tensions and macroeconomic uncertainty.
“Sentiment in crypto is risk-off,” Strahinja Savic, head of data analytics at crypto advisory FRNT Financial, told Decrypt. “The driver of that has been this macro instability that spills over into crypto. You see these sharp sell-offs and a total reset of risk appetite.”
Savic said that sluggish…
