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news-imageFebruary 3, 2025

Bitcoin Dives, Ethereum Crashes on Trump Tarrifs

Bitcoin is down by about 10% since Friday, hitting a low of $92,000 overnight as Asia trading began with it somewhat recovering to $95k.
Publisher: Trustnodes
Sentiment: Negative
BTC
ETH

More News Articles

Negative
cover-imageUToday
February 3, 2025

Bitcoin Critical Support Revealed as Crypto Market Takes Huge Hit

The crypto market saw a major sell-off in Monday's session, with Bitcoin dipping to lows of $91,178 before slightly rebounding above $95,000 at press time. On derivatives markets, the total liquidations come in at $2.28 billion, with over $1.89 billion of bullish bets liquidated in the last 24 hours, according to CoinGlass data.

Positive
cover-imageThe Currency Analytics
February 3, 2025

Lummis Advocates Bitcoin Reserve to Tackle National Debt

Senator Cynthia Lummis has unveiled an ambitious proposal to address the United States' massive $36 trillion national debt by leveraging the potential of Bitcoin. Her plan centers around creating a Strategic Bitcoin Reserve, which she believes could help reduce the national debt and reinforce the U.S. dollar's position as the world's dominant reserve currency.

Negative
cover-imageBenzinga
February 3, 2025

Bitcoin Down 3%: What Does Technical Analysis Say?

Bitcoin (CRYPTO: BTC) is down 3% over the past 24 hours, dropping as low as $92,000 on Monday morning, but traders and analysts remain upbeat about the crypto king's prospects. What Happened: Cold Blooded Shiller commented “horrifying” on altcoins tumbling to levels unseen in three years, a move that saw $2 billion liquidated across 1 million traders.

Negative
cover-imageThe Currency Analytics
February 3, 2025

Ethereum Price Struggles: Key Support Levels at Risk

Ethereum (ETH) has hit a crucial point, testing its multi-year support levels after a significant price decline. This drop, largely triggered by macroeconomic factors and a broader market downturn, has left Ethereum struggling to maintain momentum.

Neutral
cover-imageCNBC Television
February 3, 2025

Swan Bitcoin's Steven Lubka on the rise of meme coins

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.

Negative
cover-imageThe Currency Analytics
February 3, 2025

Ethereum Price Drops Below $3,000 Amid Bearish Market Sentiment

Ethereum (ETH) has seen a sharp drop in its price, falling over 20% in just 24 hours and slipping below the critical $3,000 threshold. This sudden decline has raised concerns among investors, with many questioning whether this bearish trend will persist or if Ethereum will manage to recover.

Positive
cover-imageBitcoinist
February 3, 2025

El Salvador Stays Bullish, Adds 5 Bitcoin To Its Growing Reserve

El Salvador has once again increased its Bitcoin reserves, thereby expanding its ambitious strategy of incorporating cryptocurrency into its national economy. The country's total Bitcoin holdings have increased by five, bringing the total to an estimated 6,055 BTC, which is worth over $600 million at current prices.

Positive
cover-imageInvezz
February 3, 2025

Utah poised to become first US state to establish Bitcoin reserves

Utah legislators could be the first to approve a strategic Bitcoin reserve due to a fast-moving legislative calendar and strong political backing. According to Dennis Porter, the CEO and founder of the Satoshi Action Fund, there's a high chance that Utah will be housing the world's first state-level Bitcoin strategic reserve.

Negative
cover-imageBenzinga
February 3, 2025

Dogecoin, Shiba Inu Crater 13% As Bitcoin Takes A Tariff Beating

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2571 $38 billion -12.6% -17.6% Shiba Inu (CRYPTO: SHIB) $0.00001484 $8.7 billion -13.5% -16.8% PEPE (CRYPTO: PEPE) $0.059745 $4.09 billion -19.2% -21.4% Trade Notes: Crypto trader Tardigrade reassured that DOGE's pullback is part of a macro cycle.

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