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Reading: Trump’s ‘Near’ Word Mixed Markets! 2.22 billion dollars were thrown in Bitcoin and Altcoins!
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EdaFace Newsfeed > Latest News > Crypto News > Trump’s ‘Near’ Word Mixed Markets! 2.22 billion dollars were thrown in Bitcoin and Altcoins!
Crypto News

Trump’s ‘Near’ Word Mixed Markets! 2.22 billion dollars were thrown in Bitcoin and Altcoins!

vitalclick
Last updated: February 3, 2025 6:21 am
4 months ago
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Crypto Money Market Since the beginning of the moon, he has entered a hard decline trend. Bitcoin $99,465.0 Wave Ethereum, which started with the loss of about 10 percent of its value $3,107.3XRP and Dogecoin $0.301472 as other altcoinIt caused greater losses in the s. US President Donald Trump’s announcement of tariff plans for Canada, China and Mexico created a sudden panic atmosphere in the markets. As a result of the last decline, more than 720 thousand investors suffered damage and reportedly closed the position of $ 2.22 billion. Experts warn that short -term uncertainty will continue.

The effect of tariff descriptions on the marketInternational reactions and results to tariff plans

The effect of tariff descriptions on the market

Donald Trump‘s description of the tariff increase triggered a rapid risk of global markets. Investors especially crypto currencyHe went out of high -risk assets such as s and turned to traditional safe ports such as gold and bonds. 10X Research analysts stressed that the market cannot fully pricing such geopolitical moves.

Ethereum And the decline in large crypto currencies, especially Bitcoin, hit Long position holders hard. Ethereum’s depreciation exceeded 10 percent, while Bitcoin’in below 60 thousand dollars drew attention. Market participants are concerned about the timing of Tarp’s tariff practices that Trump said “recently”.

International reactions and results to tariff plans

It has been announced that Canada, China and Mexico will respond against Trump’s tariff plans. China Ministry of CommerceWhile the “proportional response” signal, the European Union announced that it is in the preparation of similar steps. These developments fueled the concerns of the Global Trade War again.



Crypto Money Market Liquidation

The crypto money market once again showed the tendency to be affected by international tensions. Analysts say that investors can go to portfolio diversification, but protect the long -term potential of crypto currencies. On the other hand, the effects of $ 2.22 billion liquidation are expected to become clear within a few days.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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