Crypto Market Plunges: TRUMP Down 15%, ZEC, SOL, XRP Drop Over 10%

The breadth is the story here: a memecoin, a privacy coin, and two large-cap layer-1 assets falling together points to a market-wide de-risking rather than anything asset-specific. That correlation matters because it undercuts the idea that diversification across crypto sectors offers much protection during stress. The open question is whether this proves a short-lived flush or the start of a more sustained risk-off phase — and whether the selling stays concentrated in the highest-beta names or spreads to majors.