Crypto majors slide as tariff fears spark risk-off move; gold zooms to record highs

MEVictim · 2026-01-19T06:20:26+00:00

Major cryptocurrencies saw declines due to fears of new U.S. tariffs, leading to a sell-off. Solana, XRP, and DOGE dropped significantly, while Bitcoin fell slightly. This shift prompted investors to seek safer assets like gold.

MEVictim

2026-01-19 06:20:26

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Source: CryptoNewsNet Original Title: Crypto majors slide as tariff fears spark risk-off move; gold zooms to record highs Original Link: https://cryptonews.net/news/analytics/32297342/ Major cryptocurrencies dropped in value on Monday, leading a sell-off across crypto markets, as fears of new U.S. tariffs sparked a cautious mood in global investments.

Solana (SOL) slid more than 6% over the past 24 hours, while XRP fell about 4% and DOGE dropped over 7%. Ether declined roughly 3%, hovering near the $3,200 level. Bitcoin was relatively resilient but still slipped below $93,000, down around 2.5% on the day.

The selloff followed comments from U.S. President Donald Trump over the weekend, in which he said the U.S. would impose a 10% tariff on goods from eight European countries starting Feb. 1, rising to 25% in June unless a broader agreement is reached.

These remarks pushed investors toward haven assets and pressured risk-sensitive markets.

SOL-5,91%

XRP-3,95%

DOGE-6,48%

BTC-2,07%

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