Bitcoin Drops as Trump’s Tariffs Trigger Market Sell-Off

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  Posted by John Deo Feb 4 - Filed in General - #financialmodelingprep  - 13 views
  

  Bitcoin and other major cryptocurrencies tumbled on Monday as U.S. trade tensions sparked a broader market sell-off.

  \ud83d\udd39 Crypto Market Reaction

  \ud83d\udcc9 Bitcoin fell 2.5%, hitting $96,749, with an intraday low of $91,69.80—the lowest in three weeks.
  \ud83d\udcc9 Ethereum plunged 18% to $2,567.26, levels unseen since early November.

  \ud83d\udd39 Why Are Cryptos Falling?

  • Trump’s tariffs (25% on Mexico & Canada, 10% on China) → Rising inflation fears.
  • Risk-off sentiment → Investors pulling out of volatile assets, including crypto.
  • Macroeconomic uncertainty → Liquidity concerns for digital assets.

  \ud83d\udd39 What Analysts Say

  \ud83d\udcac “Crypto markets have weathered far greater disruptions and will continue to adapt as global financial conditions evolve.” – Ran Yi, Orderly Network

  \ud83d\udd39 Track Crypto Trends with Real Data

  \ud83d\udcca Crypto Currency Free API – Stay updated on real-time Bitcoin & Ethereum price movements.
  \ud83d\udcca Commodities API – Compare crypto trends with inflation-sensitive assets like gold & oil.

  With uncertainty rising, crypto investors should watch macro signals closely in the coming weeks.

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