Market Update

[Update] Putting the encryption traders with the market’s reaction to the US -Chinese tariff war

Updated on Feb 4, 2025 at 2:28 pm:

  • Bitcoin (BTC) and Nasdaq futures decreased during Asia’s circulation, as China imposed a retaliatory tariff against the United States
  • Beijing provided a 15 % duty on American coal and LNG, and a 10 % tax on crude oil, agricultural machines, and large engines, while launching the Google Anti -monopoly probe.
  • BTC briefly recovered from $ 92,000 to more than $ 102,000 due to the stopping of the US tariff on Mexico and Canada, but it decreased to 98,500 dollars after the latest procedure of China. ((source))

Merchants The bloodbath faced $ 560 million ($ 32.6 billion) for liquidation over 24 hours, as Bitcoin increased by 7.6 %, supported by stopping the Arbite of Trump and rumors of the American Wealth Fund, which is looking for encryption.

Take fast It provides the main facts quickly – communication, clear and easy to read. Ideal for busy readers.

Main details:

  • 560 million dollars – 53 % of the stakes (short pants), which is a rare hegemony.
  • Bitcoin Recreen $ 101,000; Ethereum and Solana rose by 15 %+ after Trump stopped the Canada tariff.
  • $ 38.78 million HTX was short on the largest one filter.

Numbers:

  • The collapse of the liquidation (24 hours):
    • Short pants: 298.94 million dollars (53 % of the total).
    • Longs: 261.35 million dollars.
  • Assets of the highest assets:
    • BTC: 80.75 million dollars (shorts at 77.18 million dollars)
    • ETH: 66.26 million dollars (shorts at 79.09 million dollars)
    • Sol: 10.14 million dollars
  • The most difficult stock exchanges (4H):
    • Binance: $ 12.05 million.
    • Bybit: $ 5.09 million.
    • HTX: 962 thousand dollars.

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Triple incentives:

  1. Trump’s reflection On Canada’s tariff/Mexico reduces fears of inflation.
  2. Trump’s executive order To create a American wealth box that has the effects of bitcoin.
  3. Projects Like AI16Z (+22 %), pessimistic traders are fresh.

between the lines:

  • The long -time chaos of the long war war has been arrested. ETH shorts lost $ 79 million, as prices were cut again.
  • Eric Trump coincided with “great time to buy ETH” with ETHEREUM transfer of $ 60 million to Coinbase by Trump’s DEFI project.

What do you see the following:

  • Markets An dissection of the US Treasury/Trade Ministry plans for potential encoding.

This article was published on Bitpinas: Take fast: Crypting shorts get “Rekt” with the market returning to the customs tariff truce

What happens in the encryption of the Philippines and beyond?

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