-
Price analysis 2/3: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK
Bitcoin fell to the bottom of its $90,000 to $109,588 range on Feb. 3, but the recovery has been equally sharp. The price has risen to $99,700, indicating solid buying at lower levels. Several altcoins that witnessed a brutal sell-off of more than 20% within 24 hours have also staged a strong comeback. Although the crypto markets sold off following US President Donald Trump’s tariffs on China, Canada, and Mexico, BitWise's head of alpha strategies, Jeff Park, believes that Bitcoin will eventually go up. Park said in a social media post that the tariffs will weaken the US dollar and lower yields on US government ... (full story)