Bitcoin Drops as Trump’s Tariffs Trigger Market Se…

From Financial Modeling Prep: 2025-02-04 01:57:05

Bitcoin and other major cryptocurrencies dipped due to U.S. trade tensions causing a market sell-off. Bitcoin dropped 2.5% to $96,749, hitting a three-week low. Ethereum fell 18% to $2,567.26, the lowest since November. Trump’s tariffs and risk-off sentiment are driving the decline, leading to liquidity concerns for digital assets.

Analysts believe crypto markets will adapt to evolving global financial conditions. To track trends, use the Crypto Currency Free API for real-time Bitcoin and Ethereum prices, and the Commodities API to compare crypto movements with assets like gold and oil. As uncertainty looms, investors should monitor macro signals closely in the upcoming weeks.



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