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news-imageFebruary 4, 2025

Bitcoin, Ethereum Recoup Losses As Trump Halts Tariffs on Canada, Mexico

Bitcoin faces resistance near $100K, risking a drop to $94K, while Ethereum eyes a rebound toward $4K. Meanwhile, rising U.S.-China trade tensions add to crypto market volatility.
Publisher: FXEmpire
Sentiment: Neutral
BTC
ETH

More News Articles

Negative
cover-imageThe Currency Analytics
February 4, 2025

Bitcoin Drops 6% After Trump's Tariffs, But Longs Increase

Bitcoin recently saw a sharp decline in price, largely due to market reactions to U.S. President Donald Trump's tariffs. On X (formerly Twitter), Trump revealed that new tariffs were being imposed on Mexico, Canada, and China, creating widespread uncertainty in global markets.

Negative
cover-imageThe Currency Analytics
February 4, 2025

Bitcoin Dominance Surpasses 60% – A Challenge for Altcoins

Bitcoin (BTC) has once again dominated the market, pushing its dominance over the 60% threshold, a milestone that signals potential trouble for altcoins. This rise in Bitcoin dominance, or BTC.D, has been a significant development, with many in the crypto community now questioning the fate of altcoins in this environment.

Negative
cover-imageNewsBTC
February 4, 2025

Ethereum Co-Founder Lubin: Whales Are Manipulating ETH Price

Major fluctuations in the Ethereum (ETH) market yesterday triggered a wave of reactions across social media, with one Ethereum co-founder claiming that certain large holders—or “whales”—were deliberately pushing the asset's price downward. The activity reached a fever pitch on Monday, February 4, when the ETH price swung from around $2,900 to as low as $2,120 before bouncing back sharply.

Negative
cover-imageCryptoSlate
February 4, 2025

Bitcoin ETFs see $234M in outflows after Trump's tariff war

On Feb. 3, spot Bitcoin ETFs saw a net outflow of approximately $235 million, marking the first net outflow after a four-day streak of net inflows totaling $1 billion. The outflows follow Bitcoin's drop to a three-week low, with BTC briefly touching $92,000 during the weekend.

Neutral
cover-imageCrypto Daily
February 4, 2025

Crypto Price Analysis 2-4: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CHAINLINK: LINK, NEAR PROTOCOL: NEAR, FILECOIN: FIL, ARBITRUM: ARB

The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.

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