Stellar XLM Faces 8.5% Drop Due to Rising Global Trade Tensions

Stellar (XLM) grapples with renewed downward pressure amid escalating global trade tensions. These developments have fostered a broader risk-off sentiment across cryptocurrency markets. Reports from CoinMarketCap indicate that XLM is currently trading at $0.2153, reflecting an 8.55% drop over the last 24 hours.

Market analysts suggest that concerns over trade relations influence investor confidence, leading to a sell-off in various cryptocurrencies, including XLM. As traders keep an eye on geopolitical developments, Stellar must navigate these turbulent waters and regain investor trust in its potential for recovery.