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Cryptocurrency News Articles
Bitcoin (BTC) Market Cap Dips Amid Broader Cryptocurrency Market Decline Sparked by Global Trade War Fears
Feb 03, 2025 at 11:10 pm
The cryptocurrency market, led by Bitcoin and Ethereum, experienced sharp declines on Monday as escalating global trade tensions created an atmosphere of heightened market uncertainty.
Rising trade tensions between the U.S. and several countries, including China, have had a significant impact on the cryptocurrency market. U.S. President Trump has imposed massive tariffs on several countries, sparking concerns that the tariffs could hamper global economic growth and ultimately hurt corporate earnings.
These fears led to a sharp decline in cryptocurrency prices on Monday, with Bitcoin dropping more than 8% and Ethereum losing over 20%. The total cryptocurrency market capitalization also saw a substantial decrease, dropping 11% to around $3 trillion.
However, despite the sharp decline, Bitcoin still managed to hold strong support at around the $90,000 mark, and other major cryptocurrencies experienced a rebound later in the day. This rebound was particularly evident among smaller altcoins, which showed a strong recovery from their lows.
Overall, the cryptocurrency market remained volatile, with traders closely monitoring global economic developments and adjusting their positions accordingly.
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- Former Deep-Sea Treasure Hunter Who Refused to Disclose Whereabouts of Missing Gold Coins Will Remain Behind Bars
- Feb 04, 2025 at 06:35 am
- While a judge agreed to end Tommy Thompson's sentence on the civil contempt charge, he still must serve a two-year sentence he received for a related criminal contempt charge
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- Canada's New Coin Celebrates Black History Month and Honors Hogan's Alley, a Historic Vancouver Community
- Feb 04, 2025 at 06:35 am
- The Royal Canadian Mint revealed its 2025 Fine Silver Commemorating Black History collector coin, which celebrates Hogan's Alley, a Black community that thrived in Vancouver's Strathcona neighbourhood until the early 1970s.
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- Novelty Prop Bets Add Extra Fun to Super Bowl Sunday
- Feb 04, 2025 at 06:35 am
- As the excitement builds for Super Bowl 59, not all bets focus on the game itself. Novelty prop bets—wagers on offbeat and entertainment-related aspects of the event—have become just as popular as player and team props. From the coin toss to Gatorade color to which celebrity will appear first in a commercial, these bets add extra fun to Super Bowl Sunday.
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- AI Agents: The Trillion-Dollar Opportunity of the Agentic Economy
- Feb 04, 2025 at 06:35 am
- The integration of AI and blockchain is creating a groundbreaking new category of technology: AI agents. They're autonomous, digital entities capable of commerce, collaboration, and creativity — all without human intervention.
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- RUNE Thorchain: Unlocking the Hidden Power of Blockchain Interoperability
- Feb 04, 2025 at 06:35 am
- In the rapidly evolving landscape of blockchain technology, cross-chain interoperability is emerging as a critical component for decentralized finance (DeFi). At the forefront of this movement is RUNE Thorchain, a decentralized liquidity network designed to facilitate seamless swaps across distinct blockchains without the need for intermediaries or wrapped tokens.
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- Fartcoin (FARTCOIN) Market Analysis: Whale Accumulation Boosts Optimism as Technical Indicators Suggest Potential Recovery
- Feb 04, 2025 at 06:35 am
- Fartcoin (FARTCOIN) has experienced notable activity over the past week, with its price exhibiting fluctuations. As of press time, Fartcoin was priced at $0.818, representing a 28.50% increase in the last 24 hours.
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- Ten Commandments for a Trustworthy Market
- Feb 04, 2025 at 06:35 am
- U.S. financial markets have long been burdened with a patchwork of outdated, overly complex, paternalistic rules. Meanwhile, the government's failure to establish a regulatory regime for digital assets, coupled with its aggressive persecution of the industry, has stifled innovation.
