The cryptocurrency market, including Bitcoin, Ethereum, Solana, and Ripple, has experienced a downward trend following a White House industry summit hosted by President Donald Trump. This decline is in line with predictions made by crypto.news. The downturn in crypto prices may continue as the U.S. stock market also faces a downtrend, with the Nasdaq 100 index showing signs of a technical correction. The correlation between U.S. equities and cryptocurrencies is significant, with both markets experiencing declines due to concerns about stagflation in the U.S. Economic data suggests negative growth and increased inflation due to Trump tariff uncertainties. Technical analysis indicates further potential downside for Bitcoin, Ethereum, and XRP prices, with patterns such as double tops and head and shoulders formations reinforcing the possibility of a bearish breakdown. The key support levels for these cryptocurrencies are at $73,550 for Bitcoin, $1,500 for Ethereum, and $3 for XRP.



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