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February 4, 2025

Crypto Market Reacts to US-China Tariff News: Bitcoin Hits Three-Week Low

The crypto market faced a sharp decline following the announcement of new US tariffs impacting global trade. Major cryptocurrencies, including Bitcoin, fell significantly, with BTC sliding below $99k and Ethereum hitting its lowest point since September. This downturn reflects broader market fears surrounding escalating global trade tensions. Investors are advised to remain cautious when navigating such turbulent waters. Understanding the implications of macroeconomic factors on cryptocurrency performance is vital. Keep abreast of market conditions to adapt your investment strategy effectively. Stay informed as developments unfold.

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