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Showing posts with the label market decline

Here’s Why The Bitcoin, Ethereum, And Dogecoin Prices Are Crashing

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XRP wipes out $16 billion in a week

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XRP has erased $16.47 billion in market value over the past seven days, as its capitalization fell from $185.15 billion on October 3 to $168.68 billion by October 10, according to data retrieved by Finbold from CoinMarketCap .  XRP 7-day market cap. Source: CoinMarketCap The drop reflects a 7% weekly decline that has dragged XRP price to $2.81, even as the broader crypto market has held relatively steady. XRP 7-day price chart. Source: Finbold The losses were concentrated after October 3, when the token briefly surged with a daily volume peak of $7.46 billion, before selling pressure mounted. Over the past 24 hours, trading volume has cooled to $4.92 billion, a 34% drop from last week’s high, as momentum shifted from aggressive speculation to cautious positioning.  XRP’s volume-to-market cap ratio sits at 2.93%, a level consistent with thinning liquidity compared to earlier in the quarter. XRP price dynamics Despite the pullback, XRP retains a signi...

Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype

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Toyota Cuts Profit Forecast After ¥1.4 T ($9.5 Bn) Tariff Hit

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Toyota’s tariff impact in 2025 has devastated the world’s largest automaker, forcing a 16% cut to annual operating profit forecasts amid a staggering ¥1.4 trillion ($9.5 billion) hit from US import duties. The Japanese giant now expects ¥3.2 trillion in operating income for fiscal 2026, down from ¥3.8 trillion, as auto industry tariff costs mount despite record sales. Toyota Tariff Impact 2025: How Japan Trade Regulations And Us Enforcement Disrupt Auto Industry Toyota manufacturing assembly line – Source: Bloomberg Massive Financial Hit Despite Record Sales Despite achieving record global sales of 5.5 million vehicles in the first half of 2025 – a 7.4% increase – Toyota tariff impact 2025 absorbed ¥450 billion in costs during the April-June quarter alone. The company’s operating income fell 11% to ¥1.17 trillion, though this still beat analyst expectations of ¥890 billion. Also Read: Toyota Announces $88M US investment Amid Tariff War Toyota stated: ...