The cryptocurrency market has lost momentum after US President Donald Trump announced plans to integrate several cryptocurrencies, including Ripple, Solana, and Cardano, into his cryptocurrency strategy. Initially, these announcements sparked a surge in the mentioned assets, but doubts quickly arose, leading to a sell-off. Ripple, Solana, and Cardano all experienced significant declines, as did Bitcoin and Ethereum. Analysts suggest that concerns over Trump's tariff policies and government program overhauls may have contributed to the sell-off. In the last four hours alone, there was a liquidation of $158 million in the cryptocurrency market, with $128 million in long positions.



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