Bitcoin Drops 8% to $93K as Asia Awakens to Trump's Trade War

Quick Summary:

Trump, for his part, dismissed criticism, in a series of posts on Truth Social over the weekend, suggesting that critics were being funded by China.

XRP is down 28% and trading at $2.

The market correction stems from a trade war that has seemingly been ignited by U.S.

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Article Details

Author / Journalist: Sam Reynolds

Category: Crypto

Markets: United StatesCanadaChinaCubaHong KongMexico

Topics: Cryptocurrency Coindesk Ether Part Been Trading Positions Including Bullish (eth) Editorial

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 02:13:48 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 183 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25757596

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