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February 10, 2025

Bitcoin & Ethereum Dip Following Trump’s Tariff Threats: Key Factors to Watch This Week

Recent tariff threats from former President Trump led to a dip in the crypto market, impacting both Bitcoin and Ethereum. As traders digest this news, Bitcoin faces potential consolidation amid declining open interest, signaling uncertainty. Ethereum appears particularly vulnerable to a possible 26% drop based on current market dynamics. However, whale accumulation may provide a buffer, suggesting potential resilience for these leading cryptocurrencies. Market participants should keep a close watch on how external factors and trader sentiments evolve over the coming days. Understanding these challenges will be essential for making informed trading decisions in the current environment.

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