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May 8, 2025

Leading Cryptocurrencies React Amid Tariff Concerns

Bitcoin has reached a notable price of $98,000, while Ethereum and Dogecoin remain stable despite ongoing tariff concerns raised by Fed Chair Jerome Powell. The cryptocurrency sector showcases resilience as it navigates macroeconomic pressures stemming from political decisions. Analysts indicate that Ethereum’s ability to hold above a crucial price level suggests a potential bullish trend. As the market adapts to external challenges, understanding these dynamics is vital for investors looking to capitalize on opportunities in the crypto space.

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