Why is the Cryptocurrency Market Down Today? XRP, DOGE, and ADA Lead Weekly Losses

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The global cryptocurrency market has witnessed a significant decline in value, with over $200 billion wiped out in the past seven days. The altcoin market has also been affected, losing over $20 billion in just the past 24 hours. This downturn follows the "eventful" press conference by David Sacks, the US Cryptocurrency Emperor on Tuesday, but it did not generate a positive reaction in the market. Market performance and economic impact According to Coingecko's data, most of the assets in the top 100

SAO-1.55%
XRP-2.02%
DOGE-4.28%
ADA-2.25%
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