Bitcoin suffers steep decline as tariff war tensions rise: Report
Monday, 3 February 2025 Major cryptocurrencies, including Bitcoin and ether, experienced sharp declines on Monday amid rising tariff tensions led by US President Donald Trump’s import levies on Canada, Mexico, and China. Bitcoin hit a three-week low, while ether saw its steepest drop since September. Analysts warn of further market volatility and potential economic slowdown.
Co-creator of Bitcoin Country Max Keiser predicts Trump’s Global Tariff War and economic chaos are perfect conditions to send Bitcoin to $2,200,000 per BTC: “Global tariff war = global currency crisis and economic chaos. PERFECT CONDITIONS for BITCOIN $2,200,000 in play!”
Monday, 3 February 2025
