Internet reports that the cryptocurrency market suffered a sharp decline this weekend. Dogecoin fell more than 8%, PEPE fell 12%, Bitcoin price fell more than 2%, and the transaction price was slightly above US$103,600. ETH fell nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA and SOL all fell 2-5%. Analysts believe that this economic recession is related to the renewed escalation of trade tensions, and market fluctuations are expected to continue. The derivatives market also shows growing caution among investors. According to Deribit data, open interest in bitcoin futures has increased by 51% since April, while options contracts have surged by 126%.