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February 3, 2025

Bitcoin Plummets Below $100000 After Trump Tariffs Shake Market

Bitcoin recently dropped below $100000 on Sunday when President Trump announced new tariffs on imports from Canada, Mexico, and China. This decision triggered a significant downturn in the cryptocurrency market. Investors reacted quickly, leading to a wave of sell-offs as the cryptocurrency faced immense pressure. Market analysts are concerned about the long-term implications of these tariffs on digital currencies. The volatility has left many in the crypto community questioning the sustainability of Bitcoin’s value amidst evolving political scenarios. Market watchers suggest that traders should remain cautious and monitor further developments closely.

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