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Dogecoin and XRP Take a Hit as Crypto Traders Cash Out Before Inflation Data Drops

Dogecoin and XRP Take a Hit as Crypto Traders Cash Out Before Inflation Data Drops

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-27 07:02:21
0

Dogecoin, XRP Slump as Crypto Profit-Taking Continues Ahead of Friday’s Inflation Data

Crypto markets brace for impact as memecoins and altcoins bleed—another case of ’buy the rumor, sell the news’ before Friday’s inflation report.

Traders ditch riskier plays like DOGE and XRP, locking in gains while Wall Street’s inflation anxiety looms. Classic crypto volatility meets traditional finance jitters.

Bonus jab: Nothing unites traders like panic-selling before economic data—except maybe blaming the Fed afterward.

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