Cryptocurrency markets experienced significant declines over the weekend as renewed trade tensions fueled investor caution. Dogecoin dropped over 8%, PEPE fell 12%, and Bitcoin decreased by more than 2%, trading just above $103,600. Ethereum saw a nearly 4% decline, while Ripple (XRP), BNB Chain (BNB), ADA, and SOL each fell between 2% and 5%. Analysts attribute the downturn to escalating trade tensions, predicting continued market volatility. Data from Deribit indicates a growing cautious sentiment among investors, with open interest in Bitcoin futures rising 51% since April and options contracts surging by 126%.