Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The crypto market slipped sharply on Tuesday amid renewed U.S.-China trade tensions as Trump threatened upcoming meeting with the Chinese President Xi Jinping “may not happen”, erasing gains from the recent rebound. The Layer-2 sector led losses with a 5.15% decline, as Starknet (STRK) fell 7.01% and Mantle (MNT) dropped 9.22%. The second largest crypto by market cap Ethereum (ETH) slid 1.99% below $3,900, while Bitcoin (BTC) fell 1.35% to around $108,000. Most sectors, including Layer-1, PayFi, Meme, DeFi, and CeFi, were down over 1.5%, reflecting weakening market sentiment.
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