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

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

Author:
Coindesk
Published:
2025-05-27 07:02:21
9
3

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

Crypto markets brace for impact as meme coins and altcoins bleed ahead of Friday’s inflation report—because nothing says ’stable store of value’ like panic-selling speculative assets.

Traders ditch riskier plays, locking in gains before macroeconomic uncertainty rolls in. Classic crypto: buy the rumor, sell the news... then blame the Fed.

|Square

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