Mars Finance News: The cryptocurrency market experienced a significant drop this weekend, with Dogecoin falling over 8%, PEPE dropping 12%, and Bitcoin's price declining more than 2%, trading slightly above $103,600. ETH fell nearly 4%, while XRP, BNB Chain (BNB), ADA, and SOL all dropped between 2-5%. Analysts believe this economic downturn is related to escalating trade tensions, with continued market volatility expected. Derivatives markets also indicate growing investor caution, with Deribit data showing a 51% increase in Bitcoin futures open interest and a 126% surge in options contracts since April. (CoinDesk)
Analysis: Trade tensions escalate again, causing volatility in the crypto market, and investors' cautious sentiment increases
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