Will Bitcoin And Altcoins Correct Further Amid Crashing US Dollar Liquidity? – ‘CoinGape’ News Summary (India)

Quick Summary:

Bitcoin and altcoins have witnessed sharp volatility after a heavy market crash earlier this week on fears of a Trump trade war.

Although BTC price made a quick recovery above $100K levels, the bulls couldn’t hold it for long, highlighting imminent weakness in the market.

Altcoins are also seeing strong selling pressure as Ethereum (ETH) moves to its support of $2,700, while the XRP price tanked 8% earlier today amid the XRP Ledger network downtime.


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Will Bitcoin And Altcoins Correct Further Amid Crashing US Dollar Liquidity? - CoinGape (Picture 1)Will Bitcoin And Altcoins Correct Further Amid Crashing US Dollar Liquidity? - CoinGape (Picture 2)

Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 10:36:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 25907453

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 22 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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