XRP, the Sol price tank as more than $ 2 billion was wiped from the encryption market after the tariff announced by Trump
The encryption market in the fear area decreased in the index of fear and greed, as it slipped to the levels of feelings that were last seen in October 2024.
A mixture of fresh American definitions, weak liquidity, and panic, spent more than two billion dollars from the market during the past 24 hours, according to L. Data From Coinglass. Amid chaos, Bitcoin (BTCThe price decreased nearly 6 % to about 91200 dollars before returning again, but Altcoins got a more difficult blow.
ethereum (Eth(Tantan 18 %, XRP)XrpIt was the biggest loser with a 20 % decrease, and Solana (Teller8 % decreased with a total of 12 % maximum market to 3.15 trillion dollars.
Daniel Yan, co -founder of your mortal Daniel Yan The name It is “the other typical Monday”, blame Asia’s markets for their knee reaction to bad news. The extreme volatility, with the Coinbase ethics – has highlighted a sign of the purchase of strong demand for the United States – at 6 % while the average number of distinctive icons of 100 % is 22 %.
User x under the nicer name @coins_kid It was observed in X Publishing On February 3, the XRP price structure refers to the “Wave 4 Correction” since December and that “we do not see completely 5 waves in C.” While some see this as a moment of possible purchase, the total feelings seem careful.
Santiment data shows that merchants are retreating. A user who analyzes the collected feelings noticed, “” DIP’s purchase conversations have calmed down. Big goals like 110k-120K Bitcoin have lower attention. “
Despite the chaos, the head of alpha strategies at BitWise Jeff Park Secure Definitions are part of a much larger game. He argues that the United States is looking for a way to weaken the dollar without disrupted its ability to borrow at a cheap price – a kind of “Plaza Accord 2.0”.
Although the customs tariff may be just a tool in this playing book, the long -term effect on bitcoin may be huge. Park wrote on February 3, with the decrease in the dollar rates, the low prices of the United States, and the global economic uncertainty, on February 3. mail On x.
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2025-02-03 10:15:00