The probability has doubled from last week as the renewed trade war between the U.S. and its major trading partners threatens to inject inflation into the global economy.

Bitcoin plunged 10% on Monday, hitting $91,695.8, as a wave of selling swept through the crypto market. The sharp decline followed U.S. President Donald Trumps decision to impose trade tariffs on China, Canada, and Mexico, sparking fears of a renewed trade war.

South Korea's bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip. On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024.

Bitcoin (BTC) has become a central focus for many cryptocurrency investors, and it's no surprise why. After a rollercoaster year in 2024, Bitcoin's price is showing signs of potential growth.

Bitcoin transaction count dipped to the lowest despite increased bullish market signals.

After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin's price fell by 5%, which has rippled its way into altcoins.

Market jitters rise as US tariffs drive XRP lower. Will the SEC's next move spark a recovery or deepen losses?

Bitcoin tanked. It hit $92,681 less than an hour ago before bouncing slightly to $93,831.

Bitcoin (BTC) price traded as low as $91,231 on Binance on Monday Morning, as crypto markets buckle under pressure from escalating trade tariff war involving the United States. Bitcoin (BTC) Plummets to $91K as Crypto Market Liquidations Hit $1.8 Billion Bitcoin (BTC) plunged below the $91,200 mark on February 3, its lowest level in 20

On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump's sweeping tariifs. The global crypto market cap crashed by over 12% to $3.01 trillion. Donald Trump's decision to immediately impose tariffs on Canada, Mexico, and China sent shockwaves through the crypto markets.

Bitcoin price started a fresh declined below the $100,000 zone. BTC is down close to 10% and might test the $90,000 support zone.

One analyst said kimchi premium can be seen during periods of panic selling when selling pressure is lower on South Korean exchanges.

Bitcoin's price fluctuations often drives intense debate among investors, but Robert Kiyosaki, the author of Rich Dad Poor Dad, has a different take. Despite the recent downturn in Bitcoin's value, Kiyosaki remains unphased.

Bitcoin is approaching a key support level at $90,000, raising concerns about potential downside risks. After reaching a local high of $109,000, the price has struggled to establish a new peak, signaling weakness in the market.

XRP fell 10.40% on Sunday, trading at $2.6573 by 12:25 (17:25 GMT) on the Investing.com Index. This marked its steepest one-day drop since December 9, 2024.

Trump's tariffs may exacerbate global inflation, destabilize markets, and potentially boost Bitcoin demand as a hedge against currency devaluation. The post New Trump tariffs stoke inflation fears, trigger $2 billion in crypto liquidations, Bitcoin crashes to $92K appeared first on Crypto Briefing.

BTC, ETH, SOL all down as the market digests the impact of the possibility of a global trade war

Bitcoin plunged to $92,111 on Sunday, slashing more than 8.5% of its value in just 24 hours and triggering $1.23 billion in liquidations across crypto derivatives markets as bearish sentiment took hold.

Bitwise's Matt Hougan says US spot Bitcoin ETFs recorded nearly $5 billion in net inflows over January, tipping inflows to reach over $50 billion by year's end.

Bitwise's Matt Hougan says US spot Bitcoin ETFs recorded nearly $5 billion in net inflows over January, tipping inflows to reach over $50 billion by year's end.

The Yguazú facility, 80% complete, will add 6 EH/s to HIVE's mining capacity by Q2 2025, with hydro-cooled ASICs set to enhance efficiency.

Utah's Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate.

Bitcoin (BTC) is currently navigating through a delicate phase, with its price showing some signs of stability after a slight decline. As we step into February, investors and analysts are closely monitoring the market for potential price movements.

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Robert Kiyosaki warns Trump's tariffs could trigger a crash in bitcoin, gold, and silver—an opportunity, he says, to buy assets at bargain prices.

Cryptocurrency enthusiasts and investors have been closely watching Bitcoin's movements in recent months. A new analysis suggests that Bitcoin could be on the brink of a dramatic price surge.

Now that Bitcoin (BTC -4.14%) has crossed the $100,000 mark, it's only natural to ask: Just how much higher can it really go? After all, Bitcoin is up more than 30,000% over the past decade, and is now a $2 trillion asset.

The debate over Bitcoin reserves is intensifying within the Eurozone, with some European countries advocating for cryptocurrency investments while the European Central Bank (ECB) remains firmly opposed. Despite concerns over Bitcoin's volatility and security risks, countries such as Norway and the Czech Republic are increasingly considering Bitcoin as part of their investment strategies.

After reaching $102,412 in January, Bitcoin has fallen under $100,000. Some experts think it could briefly hit $95,000 before going back up.

Currently, the El Salvador government has 6,055 BTC worth over $612 million. The country made a $1.4 billion deal with the IMF as part of the deal they have to make BTC payments optional.

Bitcoin's price has taken a noticeable dip in recent days, and it's not just due to market fluctuations. The latest development in global trade, namely President Trump's imposition of 25% tariffs on Mexico and Canada, is causing Bitcoin and other assets to experience a significant decline.

Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.

Bitcoin (BTC) is currently facing significant resistance at the $106,061 mark, and traders are divided on its next move. While some analysts are bearish, predicting a sharp decline into the $90,000 range, others remain optimistic about BTC's potential for a rally towards $120,000.

"This is undoubtedly my highest conviction macro trade for the year," Bitwise executive and analyst Jeff Park wrote on social media.

“This is undoubtedly my highest conviction macro trade for the year,” Bitwise executive and analyst Jeff Park wrote on social media.

Bitcoin's price crashed to $97,000 today, down from highs of $109,500, as global financial markets see a widespread decline. Traders are scrambling to cover their positions after US President Donald Trump announced 10% tariffs on China, and 25% each for Mexico and Canada on Feb. 1.

The idea of the United States creating a Bitcoin reserve has been gaining attention recently, but a Federal Reserve official has now made it clear that such a move may face significant legal hurdles. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, has spoken out on the matter, shedding light on the complex legal constraints surrounding the Federal Reserve's ability to hold digital assets like Bitcoin.

People have always doubted Bitcoin, but when a Nobel Prize-winning economist said it will eventually fail, many paid attention. Related Reading: Bitcoin Has No Place In EU Central Bank Reserves, ECB Chief Says Eugene Fama, known as the “father of modern finance,” thinks that Bitcoin will eventually be worth nothing.

A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP is in a precarious spot as the coin struggles to stay above a key price level. Pseudonymous analyst DonAlt tells his 640,100 followers on the social media platform X that XRP has lost its immediate support at $2.

Bitcoin price plunged to a 14-day low of $96,821 on Sunday Feb 2, as markets weigh hawkish macroeconomic signals. Amid the market dip, key BTC on-chain indicators are hinting at an early rebound as the month unfolds.

Polymarket, the popular Polygon-based betting platform, has become the focal point for those speculating on MicroStrategy's next Bitcoin acquisition milestone. Bettors are placing substantial wagers on whether the company will reach the 500,000 BTC mark before March 2025.

Bitcoin (BTC) traders are projecting a higher price target for the largest crypto as whale accumulation spikes. The surge in BTC price to an all-time high above $107K and on-chain factors led to most analysts gauging a bull peak around $150K.

Bitcoin, freshly crowned with a peak of $102K, stumbles and dangerously flirts with $95K. A slight shiver or the beginning of a major downfall?

Bitcoin is now retesting the psychological $100,000 price level again after a 2.22% decline in the past 24 hours. Notably, Bitcoin recently rebounded around an order block at $99,200 in the past 24 hours as it continues to trade with intense volatility.

BlackRock spot Bitcoin (BTC) ETF saw massive inflows following the broader market rebound. Bitcoin ETFs have continued to dominate institutional demand for crypto assets since the U.S. Securities and Exchange Commission (SEC) approved the funds.

The crypto market just took a massive hit! Bitcoin broke below $100K, Ethereum tumbled under $3K, and XRP got crushed by more than 15%.

An Arctic blast descended upon the United States, bringing unprecedentedly low temperatures, particularly in Texas, which is a key hub for Bitcoin mining. The cold snap, which caused temperatures to plummet as low as 0°C in parts of the state, had a significant impact on the Bitcoin mining industry.