📉 Cryptocurrency Market Review:
The cryptocurrency market has seen significant fluctuations in recent days. Bitcoin (BTC) fell below $100,000 after US President Donald Trump imposed import duties on goods from China, Canada, and Mexico.
Ethereum (ETH) also saw a decline, reaching $3,056.28, down 6.15% from its previous close.
Among other cryptocurrencies, BNB (BNB) is trading at $639.76, down 4.25%, Cardano (ADA) reached $0.853491, down 8.06%, and Solana (SOL) fell 7.71% to $208.56.
At the same time, Tether, the issuer of the USDT stablecoin, reported a record profit of $13 billion for 2024.
In addition, the U.S. Securities and Exchange Commission (SEC) has approved the launch of a combined Bitcoin and Ethereum spot ETF from Bitwise.
The market continues to react to macroeconomic factors and regulatory changes, resulting in increased volatility. Investors are advised to closely monitor the news and assess the risks before making investment decisions.