Market Update

Today’s encryption price: Bitcoin holds a company 97 thousand dollars amid the concerns of the American customs tariff; Altcoins decreases to 6 %

The prices of cryptocurrency remained volatile on Monday, February 10, after US President Donald Trump announced plans to impose a mutual tariff on multiple countries this week.

Speaking on Air Force One, Trump said he would provide a 25 % tariff for all steel and aluminum imports to the United States on Monday, with an additional mutual tariff to be revealed on Tuesday or Wednesday.

As of 12:19 pm, Bitcoin It increased by 0.22 % to 97154 dollars, while ETHEREUM fell by 1 % to $ 2,632. The maximum global cryptocurrency market has decreased by 0.33 % to approximately 3.17 trillion dollars over the past 24 hours.

Encryption

The most specialized altcoins It was red, while XRP rose by 2.9 %, Solana 1 %, Dogecoin 2.5 %, Cardano 1.7 %, and Stellar decreased 6 %. Shayba Eno lost 2.5 %, hydra 1.4 %, and Tron 1 %. The formal MEME and Trump official symbols decreased by 2.6 % and 11 %, respectively.“The encryption market shows flexibility despite the fluctuations driven by economic transformations. The uncertainty about the customs tariff is briefly compressed by Bitcoin and Ethereum, but investor confidence has maintained the main support levels. Avenash Sheikhd, co -founder and executive director of Pi42, said, feelings,” said Avenash Sheikhar, co -founder and executive director of Pi42, feelings, said.

“Bitcoin continues to unify approximately $ 96,000 and can recover from this scope. Fears about American definitions and delay in Quantitative It was weighed on encryption performance in recent days. The total coding market ceiling hovers about $ 3.1 trillion, with strong support near $ 3 trillion. Also read: American encryption policies under Trump: a new era for global innovationStablecoin trading volume reached 93.23 billion dollars, and constitutes 90.86 % of the total code volume 24 hours a day, according to Coinmarkcap.

The Bitcoin market ceiling increased to $ 1.925 trillion, with 60.77 % dominance. The trading volume increased 24 hours in BTC by 61 % to 35 billion dollars.

“Bitcoin can re -test 91,000 dollars if the sale of the sale continues. In the upward direction, the break can pay more than $ 96,750 BTC about 98,500 dollars,” said Adol Patel, CEO of Mudrex.

Also read: Budget 2025: There is no relief for encryption investors, new compliance requirements have been submitted

(Leave responsibility: Recommendations, suggestions, opinions and opinions that experts make are their own. These are not the opinions of economic times)

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