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news-imageFebruary 3, 2025

Despite Bitcoin Crash, Bitwise Predicts ‘Violent' Surge Amid Trump's Tariffs

The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump's announcement of new trade tariffs.
Publisher: NewsBTC
Sentiment: Neutral
BTC

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cover-imageFinbold
February 3, 2025

Is Bitcoin headed below $90,000 amid Trump's tariffs?

Late January and early February 2025 have proven turbulent for both the cryptocurrency and the stock market. China's novel DeepSeek artificial intelligence (AI) model was the first to generate strong headwinds as it marked the entry of a new and powerful competitor to a sector otherwise dominated by American big tech.

Negative
cover-imageBenzinga
February 3, 2025

Peter Schiff Highlights 'Crypto Winter' Prediction By 'Punxsutawney Phil' As Bitcoin And Ethereum Plunge

Renowned economist Peter Schiff commented on Bitcoin's (CRYPTO: BTC) market slump on Sunday, drawing an unusual analogy with “soothsayer” groundhog “Punxsutawney Phil's” prolonged winter prediction. What Happened: Schiff took to X to point out the large drop in the value of Bitcoin and Ethereum (CRYPTO: ETH), the two biggest cryptocurrencies by market capitalization.

Positive
cover-imageCryptopolitan
February 3, 2025

South Korea's ‘bitcoin kimchi' premium index rises 9.7%

South Korea's bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip. On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024.

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