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February 4, 2025

Bitcoin and Ethereum Bounce Back as Trump Suspends Tariffs on Canada and Mexico

Bitcoin recently faced strong resistance around 100K, which may lead to a potential dip to 94K. Ethereum remains hopeful as it targets a rebound towards the 4K mark. In the backdrop, escalating trade tensions between the U.S. and China are creating waves in the crypto market, with instability evident among traders. The ongoing sentiment drives volatility and strategic moves in the cryptocurrency realm, making it a critical time for investors and enthusiasts alike to stay informed and reactive to market changes. As these currencies show signs of recovery, traders should analyze broader economic indicators that may influence future price trajectories in the vibrant world of cryptocurrency.

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