Dogecoin (Doge) dropped 3%, while Bitcoin (BTC) and Ether (ETH) remained flat in the past 24 hours.
“The prominent financial figures have begun to warn the US is heading towards an imminent recession. The betting market has one odds of 40-60% that took place in 2025,” Augustine Fan, head of insights at Signalplus, told Coindesk in a telegram message. “Our view is that probably doesn’t matter because sentiment often frames reality and not the other way around.”
“So stocks have benefited from recent shakeouts as they recognize higher volatility than Bitcoin through risk-off moves. The policy with bee food with tariffs has ultimately restored some of its worthy “valuable” stores,” fans added.
Crypto Majors, tracked by the Broad-based Coindesk 20 (CD20), slipped nearly 2%, indicating Doge’s major loss. Solana’s Sol, Tron (TRX) and Cardano’s ADA lost 2.5%. BNB and XRP (XRP) in the BNB chain have little change as Bitcoin stuck to the $85,000 level.
Mantra’s OM tokens rose 20% over the last 24 hours, trading at 63 cents in Asia morning hours on Tuesday, followed by strange sales that lost 90% within an hour on Sunday. The CEO said in a post-punch interview that recovery plans are ongoing, while market watchers remain skeptical of any promises.
Elsewhere, Story Protocol’s IP dumped 20% and jumped over 30% within hours of Monday.
Vethor’s VTHO zoomed 37% as UFC CEO Dana White joined the protocol as a strategic advisor and wanted mainstream adoption and recognition of RWA-focused tokens.
Singapore-based QCP Capital said in its telegram broadcast that the reversal of BTC’s risks is skewed in favor of Puts until June, suggesting that the market will still be mildly cautious in the near future.
“That being said, the tone will be even more constructive. On Saturday, aggressive purchases of the 800X BTC-27MAR26-100K-C will continue to integrate within the 80K-90K range, allowing us to continue trading sideways and continue to adopt a ‘wait and adopt a’s adoption of’ approach,” QCP said.
However, as Coindesk pointed out on Monday, the $100,000 call option has become the most favorable bet among medium-term traders.
Meanwhile, some traders say that tariff-related sales may be significantly delayed and hope for better sentiment in the future.