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$614.06 6.30761
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Bitcoin
Bitcoin (BTC)
$96,211.00 -1.1162
Bitcoin price
Ethereum
Ethereum (ETH)
$2,620.03 -1.64788
Ethereum price
BNB
BNB (BNB)
$614.06 6.30761
BNB price
Solana
Solana (SOL)
$195.73 0.51405
Solana price
XRP
XRP (XRP)
$2.41 -0.59243
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000158 5.21931
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 3.66498
Pepe price
Bonk
Bonk (BONK)
$0.0000174 1.92297
Bonk price
dogwifhat
dogwifhat (WIF)
$0.723976 -0.6465
dogwifhat price
Popcat
Popcat (POPCAT)
$0.277112 22.10053
Popcat price
Bitcoin
Bitcoin (BTC)
$96,211.00 -1.1162
Bitcoin price
Ethereum
Ethereum (ETH)
$2,620.03 -1.64788
Ethereum price
BNB
BNB (BNB)
$614.06 6.30761
BNB price
Solana
Solana (SOL)
$195.73 0.51405
Solana price
XRP
XRP (XRP)
$2.41 -0.59243
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000158 5.21931
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 3.66498
Pepe price
Bonk
Bonk (BONK)
$0.0000174 1.92297
Bonk price
dogwifhat
dogwifhat (WIF)
$0.723976 -0.6465
dogwifhat price
Popcat
Popcat (POPCAT)
$0.277112 22.10053
Popcat price
Bitcoin
Bitcoin (BTC)
$96,211.00 -1.1162
Bitcoin price
Ethereum
Ethereum (ETH)
$2,620.03 -1.64788
Ethereum price
BNB
BNB (BNB)
$614.06 6.30761
BNB price
Solana
Solana (SOL)
$195.73 0.51405
Solana price
XRP
XRP (XRP)
$2.41 -0.59243
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000158 5.21931
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 3.66498
Pepe price
Bonk
Bonk (BONK)
$0.0000174 1.92297
Bonk price
dogwifhat
dogwifhat (WIF)
$0.723976 -0.6465
dogwifhat price
Popcat
Popcat (POPCAT)
$0.277112 22.10053
Popcat price

Bitcoin rebounds after post-tariff dip; Analyst heralds new ATH in February

Dorian Batycka
Edited by
News
Bitcoin rebounds after post-tariff dip; Analyst heralds new ATH in February

The crypto market enjoyed a sharp recovery on Feb. 4, with Bitcoin surging past the $102K mark after experiencing a sharp drop the day before. 

Bitcoin (BTC) climbed above $102 after hitting a low of approximately $91,229 the day before following the announcement of major tariff hikes by the U.S. President Donald Trump. Renowned crypto market analyst Michael van de Poppe noted on X that Bitcoin’s quick rebound was expected due to market volatility. He said that a new ATH is likely in Feb. on the condition that Bitcoin stays above $93,000 level.

https://twitter.com/CryptoMichNL/status/1886680087451545736

Bitcoin’s drop on Feb. 3 was triggered by market fears surrounding Trump’s decision to impose 25% tariff hikes on Canada, Mexico, and China, raising concerns over a potential trade war. However, the Feb. 4 rebound came as a result of Trump’s subsequent move to temporarily halt the tariff hikes on Canada and Mexico after phone calls with the Mexican President and Canadian Prime Minister.

Another likely driver of Bitcoin’s recovery was the massive liquidation of speculative bets on Feb. 3. This event marked the worst single-day liquidation in history, surpassing even the collapses of Terra (LUNA) and FTX, according to crypto analyst Miles Deutscher. As short sellers scrambled to cover their losses, a surge of buying pressure fueled Bitcoin’s upward momentum, pushing its value even higher.

https://twitter.com/milesdeutscher/status/1886255840161870019

Finally, the signing of a new executive order by the U.S. President directing the creation of a sovereign wealth fund, which will be spearheaded by the U.S. Treasury and Commerce Departments, might have fueled further interest in Bitcoin.

https://twitter.com/JoeConsorti/status/1886480388979351615