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Cryptocurrency News Articles

Trump’s Tariff Triggers $2 Billion Crypto Crash, But FXGuys Holds Strong

Feb 09, 2025 at 01:29 am

The crypto trading market took a massive hit at the start of February 2025, with more than $2 billion wiped out in liquidations. As a result, Cardano (ADA) and Ripple (XRP) struggled, but FXGuys ($FXG) stood strong, proving it is highly resilient.

Trump’s Tariff Triggers $2 Billion Crypto Crash, But FXGuys Holds Strong

The crypto trading market took a hit at the start of February 2025, with more than $2 billion wiped out in liquidations. As a result, Cardano (ADA) and Ripple (XRP) struggled, but FXGuys ($FXG) stood strong, proving it is highly resilient.

If you want stability in online trading, the new crypto project might be your best bet. Let’s explore how FXGuys outperformed major coins amid the chaos!

>>>JOIN FXGUYS HERE<<<

Trump’s Tariff Triggers $2 Billion Crypto Crash, But FXGuys Holds Strong

On February 1, 2025, President Trump announced plans to impose a 25% tariff on imports from Canada and Mexico, together with a 10% tariff on Chinese goods. The measures, targeting America’s three biggest trading partners, will take effect on February 4.

This announcement caused increased volatility in the markets, resulting in a crypto crash that wiped out over $2 billion in liquidations. The brutal sell-off after the announcement of new tariffs sparked inflation concerns, according to Coinglass data.

Nonetheless, while Cardano and XRP dropped along with the entire crypto market, FXGuys showed strength and kept delivering profits for its early investors.

FXGuys: The New Crypto Trading Platform Offering $500,000 in Funding

FXGuys is a new crypto trading platform still in its public presale phase, but it is attracting many investors looking to shield their portfolios during volatile market conditions. Due to its stability during this turbulent period, FX Guys is considered a better investment option than XRP and Cardano.

The FX Guys platform features many perks that make it outstanding in the crypto industry. The platform offers same-day payouts and unlimited withdrawals, allowing you to secure your trading profits smoothly and in record time. Securing funds quickly has been challenging, but the new crypto project appears to have resolved that issue.

If you do not have enough money to execute different trading strategies, don’t worry! The FXGuys Trader Funding program offers great deals.

Through this PropFi feature, you can access trading capital of up to $500,000 to compete with whales without risking your money. Moreover, you keep 80% of the profits from these accounts and make huge profits quickly.

Additionally, the FX Guys platform offers a Trade2Earn model that rewards you for actively trading on the platform, regardless of the outcome of the trades you execute. Thus, you earn $FXG tokens as a reward for being active on the platform.

FX Guys has great tools that boost earning potential, including charts, AI trading, and copy trading. You also get to interact with other experienced traders, allowing you to improve your trading strategy.

Hence, you can make more profits in the crypto trading sector using the FXGuys platform. In fact, analysts say its token will gain 20x in the coming weeks.

ADA’s Price Rebounds, But FXGuys Delivers Real Utility

Cardano’s native token, ADA, has rebounded strongly after a recent market-wide selloff, showing bullish momentum. A 58% intraday price reversal and accelerated whale accumulation signal potential upside.

Technical analysis shows ADA trading above the $0.71 support zone and successfully retesting its 200 EMA. If ADA breaks the $0.86 resistance, it could gain 45% to trade at $1.25. For context, ADA traded at $0.75 on February 4, 2025, down 21.07% in the past week.

On-chain data reveals an $82 million ADA outflow, suggesting accumulation. Traders hold $35 million in long positions at around $0.73, reinforcing the bullish sentiment. With strong support, ADA seems ready for a major rally.

Unlike Cardano, which relies on whale accumulation for momentum, FXGuys offers real utility—same-day payouts, unlimited withdrawals, funded accounts, and a Trade2Earn model, ensuring consistent profits in any market condition.

XRP Faces Liquidations, While $FXG Thrives with 20x Profit Potential

Ripple’s XRP token recently crashed below $3, bottoming at $1.76 before rebounding. The sell-off, triggered by trade war fears, saw over $2.2 billion in liquidations.

Analyst EGRAG had predicted a 40% drop but now sees a strong recovery, with XRP bouncing off key support. XRP was valued at $2.56 on February 4, 2025, down 17.71% in the last week. If it holds above $1.83 and trading volume increases, $3 remains a near-term target.

Market makers withdrew bids, resulting in liquidity issues, but XRP rebounded by around 29% after forced selling stopped. Analysts suggest breaking $

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Other articles published on Feb 09, 2025