Crypto Market Crash? Key reason Behind Bitcoin and other Altcoins Drops Today?

Crypto Market Crash? Key reason Behind Bitcoin and other Altcoins Drops Today?

As US President Donald Trump's tariffs on China, Mexico, Canada, and perhaps the European Union increased the global trade war, the cryptocurrency market saw a severe fall on Monday, resulting in roughly <$2 billion in liquidations. 

According to Binance Market Data reports that as of 10:19 AM (UTC) on February 3, 2025, Bitcoin has fallen below 95,000 USDT and is currently trading at 94,817.8125 USDT, a remarkable 4.58% decline in just one day.

On Saturday, US President Donald Trump issued a 10% tax on China and a 25% on Canada and Mexico, which would be the major reason behind this crazy fall .

Not only Bitcoin coin but also Etherum, Solana, ADA, PEPE, DOGE, etc. all are now in a big downside rally. But According to Analyst view Market will recover very soon.

Don't sell in a panic; instability brings opportunity. Keep an eye on important support levels and follow your trading plan.

Disclaimer:-
No advice or suggestions were given. updates only for educational reasons. Before making any decisions, speak with your financial advisor. Members and administrators are not responsible for financial losses. posts a warning about changes in the market.

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