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news-imageFebruary 4, 2025

Crypto price rebound on Feb 4: BTC over $100k, XRP soars 23%

Cryptocurrency prices showed signs of recovery on February 4, following the announcement that US President Donald Trump has paused the implementation of newly imposed import tariffs on Canada and Mexico for 30 days. This pause alleviated concerns about a potential trade war, boosting market sentiment globally.
Publisher: Invezz
Sentiment: Positive
BTC
XRP

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Positive
cover-imageBitcoinist
February 4, 2025

Bitcoin Recovers Above $98,000 As Coinbase Whales Start Buying

Data shows the Bitcoin Coinbase Premium Gap has just turned back positive, a sign that buyers have returned on the platform. Bitcoin Coinbase Premium Gap Is Now Green Again As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Coinbase Premium Gap has just flipped back positive.

Negative
cover-imageBitcoin
February 4, 2025

Matrixport: Bitcoin Faces Market Correction Amid Trump Tariff Saga and Liquidity Concerns

Bitcoin faces short-term uncertainty following Trump's tariffs announcement and a lack of retail dip-buying; however, institutional demand remains strong, driven by the growth of bitcoin spot ETFs and the futures market. Bitcoin's Post-Halving Price Action Might Be Evolving The market reacted unexpectedly to the Trump tariffs despite widespread anticipation.

Positive
cover-imageAltcoin Buzz
February 4, 2025

Oklahoma Moves Forward with Bitcoin Bill

The state has introduced a new bill, SB 325, that could change the way employees get paid. If passed, this law would allow state workers—and all Oklahoma residents—to receive payments in Bitcoin.

Negative
cover-imageThe Currency Analytics
February 4, 2025

XRP Price Drops Over 25% – Bulls Prepare for Recovery

XRP, the digital asset connected with Ripple, has witnessed a drastic drop in price, plunging over 25% in a short period. The cryptocurrency fell to as low as $1.77 on Binance, representing a significant 43% decrease from the daily open on January 31, 2025.

Positive
cover-imageTokenpost
February 4, 2025

Bitcoin Dominance Surges to 60.6% Amid Market Volatility

Bitcoin (BTC) dominance has soared to 60.6%, marking a 5.01% increase in the past 48 hours despite market fluctuations. This surge indicates growing capital inflows into Bitcoin at the expense of altcoins, signaling investor confidence in BTCs long-term potential.

Neutral
cover-imageThe Currency Analytics
February 4, 2025

XRP's Fixed Supply of 100 Billion Explained by XRPL Validator

Recent discussions have arisen around whether Ripple has the power to create more XRP beyond the original supply of 100 billion tokens. Some critics, like Pierre Rochard, a Bitcoin maximalist and Vice President of Research at Riot, have claimed that Ripple might be able to increase the token's supply.

Positive
cover-imageCoinPedia
February 4, 2025

XRP Jumps 20% Amid SEC's Major Policy Change on Crypto Investigations

On Monday, February 3, the U.S. Securities and Exchange Commission (SEC) implemented a new policy that could slow down its crypto-related investigations. According to Reuters, sources familiar with the matter revealed that SEC lawyers are now required to get approval from politically appointed leadership before formally initiating probes.

Negative
cover-imageThe Currency Analytics
February 4, 2025

XRP Price Outlook: Analyst Insights After Recent Crash

A market analyst who accurately forecasted XRP's recent price downturn is now evaluating what comes next as the asset stabilizes above the $2 mark. The broader cryptocurrency market experienced a sharp downturn, resulting in over $2.2 billion in liquidations, the worst liquidation event since the FTX collapse.

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